First Community Bankshares, Inc. announced a special cash dividend of $1.00 per common share for its common shareholders.
The company's capital management plan prioritizes maintaining a strong capital base to support growth and customer service.
The special dividend, totaling approximately $18.32 million, is expected to be payable on or about January 16, 2026.
Special Dividend Declaration
The Board of Directors declared a special cash dividend of $1.00 per common share for the Company's common shareholders.
Capital Management Strategy
The capital management plan emphasizes returning earnings to shareholders through dividends and stock repurchases if not needed for growth.
Financial Performance
The Company earned $36.33 million in the first three quarters of 2025, paying $17.02 million in regular dividends and repurchasing shares for $1.85 million.
- The special dividend reflects the Company's confidence in its surplus capital to support future growth.
- Shareholders can benefit from the Company's commitment to returning earnings through dividends and stock repurchases.
The special dividend declaration demonstrates First Community Bankshares, Inc.'s dedication to rewarding shareholders and maintaining a strong capital base for future opportunities.