WINDSOR, Va., Sept. 21, 2016 /PRNewswire/ -- Farmers Bankshares, Inc. (OTC-PINK: FBVA), the Windsor-based holding company for Farmers Bank, announced that the Board of Directors has declared a quarterly dividend of $0.08 per share to holders of common stock of the company. On an annualized basis the $0.08 per share dividend is an increase of approximately 14% from the dividend paid in June 2016 and increased 81.82% over the annualized dividend paid in September 2015.
The record date for stockholders entitled to payment of the dividend will be the close of normal trading on October 3, 2016, with payment to occur by October 17, 2016.
The common stock of Farmers Bankshares, Inc. trades on the NASDAQ market as an Over-the-Counter Bulletin Board stock under the symbol FBVA. Any stockbroker can assist with purchase of the company's stock, as well as with sales of holdings.
Farmers Bank, founded in 1919, is headquartered in Windsor, VA, and is a community bank which operates six branches and services areas throughout Tidewater Virginia. Additional information is available at the company's website, www.farmersbankva.com.
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SOURCE Farmers Bankshares, Inc.