First Community Bancshares, Inc. (FCBC) to Distribute Quarterly Dividend of $0.33 on November 27th

First Community Bancshares, Inc. (NASDAQ:FCBC) declared a quarterly dividend on Tuesday, October 27th. Stockholders of record on Friday, November 13th will be paid a dividend of $0.33 per share by the bank on Friday, November 27th. This represents a $1.32 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, November 13th.

First Community Bancshares has increased its dividend payment by an average of 0.3% per year over the last three years and has increased its dividend annually for the last 13 consecutive years. First Community Bancshares has a payout ratio of 49.3% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect First Community Bancshares to earn $3.38 per share next year, which means the company should continue to be able to cover its $1.32 annual dividend with an expected future payout ratio of 39.1%.

First Community Bancshares Price Performance

Shares of NASDAQ:FCBC opened at $45.28 on Wednesday. First Community Bancshares has a 12 month low of $31.21 and a 12 month high of $50.17. The firm has a market capitalization of $856.24 million, a P/E ratio of 13.68 and a beta of 0.50. The company’s fifty day moving average price is $47.54 and its 200 day moving average price is $44.20.

First Community Bancshares (NASDAQ:FCBC) last released its quarterly earnings data on Tuesday, October 27th. The bank reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.01. First Community Bancshares had a net margin of 29.48% and a return on equity of 10.85%. The company had revenue of $48.51 million during the quarter, compared to the consensus estimate of $47.19 million. On average, sell-side analysts anticipate that First Community Bancshares will post 3.05 EPS for the current year.

About First Community Bancshares

First Community Bancshares, Inc. is a bank holding company headquartered in Bluefield, Virginia. Its principal subsidiary, First Community Bank, provides banking services to individuals, businesses and organizations. The bank offers deposit accounts, including checking, savings and certificates of deposit, as well as commercial, residential real estate and consumer loans. It also provides services such as online and mobile banking and wealth management. First Community Bank traces its roots to 1874 and serves communities in Virginia, West Virginia, North Carolina and Tennessee.