Bank of the James Financial Group, Inc. to Issue Quarterly Dividend of $0.10 (NASDAQ:BOTJ)

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) declared a quarterly dividend on Tuesday, July 28th. Stockholders of record on Friday, August 21st will be paid a dividend of 0.10 per share by the financial services provider on Friday, September 4th. This represents a c) annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, August 21st.

Bank of the James Financial Group has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 5 years.

Bank of the James Financial Group Stock Performance

BOTJ opened at $27.50 on Wednesday. The company’s 50 day simple moving average is $26.07 and its 200 day simple moving average is $23.18. Bank of the James Financial Group has a 1 year low of $14.13 and a 1 year high of $29.79. The stock has a market capitalization of $124.93 million, a PE ratio of 10.87 and a beta of 0.16.

Bank of the James Financial Group (NASDAQ:BOTJ) last issued its quarterly earnings results on Thursday, July 30th. The financial services provider reported $0.71 EPS for the quarter. Bank of the James Financial Group had a net margin of 17.72% and a return on equity of 14.30%. The firm had revenue of $13.73 million during the quarter.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on BOTJ shares. Wall Street Zen lowered shares of Bank of the James Financial Group from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings upgraded Bank of the James Financial Group from a “hold (c)” rating to a “buy (b)” rating in a report on Monday. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, Bank of the James Financial Group presently has an average rating of “Buy”.

About Bank of the James Financial Group

Bank of the James Financial Group, Inc is the bank holding company for The Bank of the James, a Virginia-chartered commercial bank headquartered in Lynchburg, Virginia. Established in the early 20th century, the organization has developed a reputation for community banking with a focus on personalized service. As a NASDAQ-listed entity under the ticker BOTJ, the holding company oversees a network of full-service branches throughout Central and Southwestern Virginia.

The Bank of the James offers a comprehensive suite of consumer and commercial banking solutions.