F & M Bank Corp. (OTCMKTS:FMBM) Plans $0.26 Quarterly Dividend

by · The Cerbat Gem

F & M Bank Corp. (OTCMKTS:FMBM – Get Free Report) announced a quarterly dividend on Tuesday, October 29th, NASDAQ reports. Stockholders of record on Thursday, November 14th will be given a dividend of 0.26 per share by the financial services provider on Friday, November 29th. This represents a $1.04 annualized dividend and a dividend yield of 4.73%. The ex-dividend date is Thursday, November 14th.

F & M Bank Stock Performance

OTCMKTS:FMBM remained flat at $22.00 during mid-day trading on Wednesday. 50 shares of the company traded hands, compared to its average volume of 3,534. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.73 and a quick ratio of 0.73. F & M Bank has a twelve month low of $15.00 and a twelve month high of $23.84. The stock’s fifty day moving average is $23.00 and its 200 day moving average is $19.18. The company has a market cap of $77.42 million, a price-to-earnings ratio of 26.19 and a beta of 0.39.

F & M Bank (OTCMKTS:FMBM – Get Free Report) last released its quarterly earnings results on Monday, July 29th. The financial services provider reported $0.86 EPS for the quarter. F & M Bank had a return on equity of 7.49% and a net margin of 8.00%. The firm had revenue of $11.19 million for the quarter.

About F & M Bank

(Get Free Report)

F & M Bank Corp. operates as the bank holding company for Farmers & Merchants Bank that provides financial products and services to consumers and businesses in Virginia. The company offers commercial and individual demand and time deposit accounts, savings accounts, money market accounts, internet and mobile banking services, and drive-in banking services.

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