Community Bankers (ESXB) Declares $0.03 Quarterly Dividend; 1.5% Yield

February 28, 2019 8:18 AM EST

Community Bankers (NASDAQ: ESXB) declared a quarterly dividend of $0.03 per share, or $0.12 annualized.

The dividend will be payable on April 1, 2019, to stockholders of record on March 15, 2019, with an ex-dividend date of March 14, 2019.

The annual yield on the dividend is 1.5 percent.

Rex L. Smith, III, President and Chief Executive Officer of the Company and the Bank, stated, "We are very pleased to be in a position to begin paying again a dividend on our common stock. This step is a sign of our strong capital position and our ability to generate consistent earnings growth. While we are still a growth company with a strong return on equity, we realize the positive effect that a dividend can have on investors, both current ones and future ones, and in turn increased demand for our stock. The dividend is a first step in 2019 as we continue to pursue all of our growth strategies."

For a dividend history and other dividend-related data on Community Bankers (ESXB) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Corporate News, Dividends, Management Comments

Related Entities

Dividend, Earnings