WashingtonFirst (WFBI) Declares $0.07 Qtr. Dividend; 1.1% Yield; 5% Stock Dividend Also Declared

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WashingtonFirst Bankshares, Inc. Declares 13th Consecutive Quarterly Cash Dividend Along with 5% Stock Dividend

November 22, 2016 10:30 AM EST

RESTON, Va.--(BUSINESS WIRE)-- WashingtonFirst Bankshares, Inc. (the "Company") (NASDAQ: WFBI) today announced that its Board of Directors declared a cash dividend of seven cents ($0.07) per share of its common stock, par value $0.01 per share, payable on January 3, 2017, to stockholders of record at the close of business on December 13, 2016. The dividend payout will be approximately $858 thousand on 12.3 million shares of voting and non-voting common stock. This represents the Companys 13th consecutive quarterly cash dividend. While the Company expects to continue to declare and pay quarterly cash dividends in the future,... More