Bank of the James Financial Group, Inc. (BOTJ) to Distribute Quarterly Dividend of $0.10 on September 4th

Bank of the James Financial Group, Inc. (NASDAQ:BOTJGet Free Report) declared a quarterly dividend on Tuesday, July 28th. Shareholders of record on Friday, August 21st will be given a dividend of 0.10 per share by the financial services provider on Friday, September 4th. This represents a c) annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Friday, August 21st.

Bank of the James Financial Group has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 5 years.

Bank of the James Financial Group Trading Down 0.8%

BOTJ stock opened at $27.50 on Wednesday. The company has a market capitalization of $124.93 million, a P/E ratio of 10.87 and a beta of 0.16. The business has a 50 day simple moving average of $26.07 and a 200-day simple moving average of $23.18. Bank of the James Financial Group has a twelve month low of $14.13 and a twelve month high of $29.79.

Bank of the James Financial Group (NASDAQ:BOTJGet Free Report) last announced its earnings results on Thursday, July 30th. The financial services provider reported $0.71 EPS for the quarter. The business had revenue of $13.73 million for the quarter. Bank of the James Financial Group had a net margin of 17.72% and a return on equity of 14.30%.

Hedge Funds Weigh In On Bank of the James Financial Group

A number of institutional investors and hedge funds have recently made changes to their positions in BOTJ. Dimensional Fund Advisors LP raised its holdings in Bank of the James Financial Group by 2.2% during the first quarter. Dimensional Fund Advisors LP now owns 33,458 shares of the financial services provider’s stock worth $689,000 after purchasing an additional 731 shares during the last quarter. Bridgeway Capital Management LLC grew its stake in Bank of the James Financial Group by 2.5% in the 3rd quarter. Bridgeway Capital Management LLC now owns 36,238 shares of the financial services provider’s stock worth $565,000 after acquiring an additional 868 shares during the period. Empowered Funds LLC grew its position in shares of Bank of the James Financial Group by 7.8% in the first quarter. Empowered Funds LLC now owns 22,211 shares of the financial services provider’s stock valued at $328,000 after purchasing an additional 1,613 shares during the period. Raymond James Financial Inc. purchased a new stake in Bank of the James Financial Group in the 2nd quarter valued at about $27,000. Finally, LPL Financial LLC purchased a new stake in Bank of the James Financial Group in the fourth quarter valued at approximately $266,000. 18.50% of the stock is owned by institutional investors and hedge funds.

About Bank of the James Financial Group

(Get Free Report)

Bank of the James Financial Group, Inc is the bank holding company for The Bank of the James, a Virginia-chartered commercial bank headquartered in Lynchburg, Virginia. Established in the early 20th century, the organization has developed a reputation for community banking with a focus on personalized service. As a NASDAQ-listed entity under the ticker BOTJ, the holding company oversees a network of full-service branches throughout Central and Southwestern Virginia.

The Bank of the James offers a comprehensive suite of consumer and commercial banking solutions.

See Also

Dividend History for Bank of the James Financial Group (NASDAQ:BOTJ)

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