First Community Bancshares, Inc. (FCBC) to Issue Quarterly Dividend of $0.31 on November 28th

First Community Bancshares, Inc. (NASDAQ:FCBC) declared a quarterly dividend on Tuesday, October 28th. Stockholders of record on Friday, November 14th will be given a dividend of 0.31 per share by the bank on Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Friday, November 14th.

First Community Bancshares has increased its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 13 consecutive years. First Community Bancshares has a dividend payout ratio of 46.3% indicating that its dividend is sufficiently covered by earnings.

First Community Bancshares Stock Performance

Shares of FCBC opened at $33.28 on Wednesday. The stock has a 50 day moving average price of $34.58 and a 200 day moving average price of $37.04. First Community Bancshares has a one year low of $31.74 and a one year high of $48.42. The stock has a market capitalization of $609.52 million, a price-to-earnings ratio of 12.37 and a beta of 0.65.

First Community Bancshares (NASDAQ:FCBC) last released its earnings results on Tuesday, October 28th. The bank reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.07. The business had revenue of $42.19 million during the quarter, compared to analyst estimates of $40.40 million. First Community Bancshares had a net margin of 26.76% and a return on equity of 9.83%.

About First Community Bancshares

First Community Bankshares, Inc operates as the financial holding company for First Community Bank that provides various banking products and services. It offers demand deposit accounts, savings and money market accounts, certificates of deposit, and individual retirement plans; and commercial, consumer real estate, and consumer and other loans.