WashingtonFirst (WFBI) Declares $0.05 Quarterly Dividend; 1.1% Yield

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WashingtonFirst Bankshares Inc. Increases Quarterly Cash Dividend

August 18, 2015 4:22 PM EDT

RESTON, Va.--(BUSINESS WIRE)-- WashingtonFirst Bankshares, Inc. (the "Company") (NASDAQ: WFBI) today announced that its Board of Directors declared a cash dividend of five cents ($0.05) per share payable on October 1, 2015, to stockholders of record as of September 10, 2015. The dividend payout will be approximately $526,000, on 10.5 million shares of voting and non-voting common stock. While the Company expects to continue to declare and pay quarterly cash dividends in the future, any such dividend would be at the discretion of the Board of Directors of the Company and would be subject to applicable federal and state regulatory limitations.... More