WashingtonFirst (WFBI) Raises Quarterly Dividend 20% to $0.06; 1.1% Yield

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WashingtonFirst Bankshares Inc. Declares 9th Consecutive Quarterly Cash Dividend and Increases Amount to $0.06 Per Share

November 17, 2015 4:10 PM EST

RESTON, Va.--(BUSINESS WIRE)-- WashingtonFirst Bankshares, Inc. (the "Company") (NASDAQ: WFBI) today announced that its Board of Directors declared a cash dividend of six cents ($0.06) per share payable on January 4, 2016, to stockholders of record as of December 14, 2015. The dividend payout will be approximately $631,000, on 10.5 million shares of voting and non-voting common stock. Shaza Andersen, President & CEO of the Company, said, "We are excited to share the Company's continued success with our stockholders by declaring our 9th consecutive quarterly cash dividend and increasing the amount to $0.06 per share." While the Company expects... More