F&M Bank Corp (OTCMKTS:FMBM) declared a quarterly dividend on Thursday, January 18th, Zacks reports. Investors of record on Thursday, February 1st will be given a dividend of 0.25 per share by the financial services provider on Thursday, February 15th. This represents a $1.00 dividend on an annualized basis and a yield of 3.00%. The ex-dividend date is Wednesday, January 31st. This is an increase from F&M Bank’s previous quarterly dividend of $0.23.
Shares of F&M Bank (FMBM) remained flat at $$33.35 during midday trading on Friday. 200 shares of the company were exchanged, compared to its average volume of 681. The company has a current ratio of 1.10, a quick ratio of 1.00 and a debt-to-equity ratio of 0.61. F&M Bank has a 1-year low of $26.57 and a 1-year high of $34.50. The stock has a market capitalization of $109.02, a price-to-earnings ratio of 13.03 and a beta of 0.35.
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About F&M Bank
F & M Bank Corp. is the bank holding company for Farmers & Merchants Bank (the Bank). The Bank is a state chartered bank. The Bank offers a range of banking services, including commercial and individual demand and time deposit accounts, repurchase agreements for commercial customers, commercial and individual loans, Internet and mobile banking, drive-in banking services, automated teller machines (ATMs) at all branch locations and several off-site locations, as well as a courier service for its commercial banking customers.
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