First Community Bancshares, Inc. (FCBC) to Issue Quarterly Dividend of $0.18

First Community Bancshares, Inc. (NASDAQ:FCBC) declared a quarterly dividend on Wednesday, July 26th, Wall Street Journal reports. Investors of record on Friday, August 4th will be paid a dividend of 0.18 per share by the bank on Friday, August 18th. This represents a $0.72 annualized dividend and a yield of 2.88%. The ex-dividend date is Wednesday, August 2nd. This is an increase from First Community Bancshares’s previous quarterly dividend of $0.16.

First Community Bancshares (NASDAQ:FCBC) opened at 25.00 on Friday. The company’s 50-day moving average is $27.00 and its 200 day moving average is $26.41. The company has a market cap of $425.42 million, a price-to-earnings ratio of 16.77 and a beta of 0.71. First Community Bancshares has a 12 month low of $20.47 and a 12 month high of $31.94.

First Community Bancshares (NASDAQ:FCBC) last posted its quarterly earnings results on Tuesday, July 25th. The bank reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.01. First Community Bancshares had a return on equity of 7.38% and a net margin of 21.56%. The business had revenue of $27.77 million for the quarter. Equities analysts forecast that First Community Bancshares will post $1.58 earnings per share for the current fiscal year.

A number of equities research analysts recently weighed in on the company. Keefe, Bruyette & Woods restated a “hold” rating on shares of First Community Bancshares in a research note on Sunday, July 30th. BidaskClub cut First Community Bancshares from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th.

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In other First Community Bancshares news, President Gary R. Mills purchased 1,000 shares of the company’s stock in a transaction that occurred on Friday, July 28th. The shares were acquired at an average price of $27.38 per share, for a total transaction of $27,380.00. Following the purchase, the president now owns 16,533 shares in the company, valued at $452,673.54. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 3.33% of the stock is currently owned by corporate insiders.

First Community Bancshares Company Profile

First Community Bancshares, Inc is a financial holding company. The Company provides commercial banking products and services through its subsidiary First Community Bank (the Bank). The Bank operates as First Community Bank in Virginia, West Virginia, and North Carolina and People’s Community Bank, a Division of First Community Bank, in Tennessee.

Dividend History for First Community Bancshares (NASDAQ:FCBC)

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