F & M Bank Corp. (FMBM) to Issue Quarterly Dividend of $0.26 on February 28th

F & M Bank Corp. (OTCMKTS:FMBM) declared a quarterly dividend on Thursday, January 23rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.26 per share by the financial services provider on Friday, February 28th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.98%. The ex-dividend date is Friday, February 14th.

F & M Bank Price Performance

FMBM stock opened at $20.90 on Wednesday. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.08. The firm has a market cap of $73.57 million, a price-to-earnings ratio of 10.09 and a beta of 0.37. The company’s fifty day simple moving average is $20.08 and its 200 day simple moving average is $21.34. F & M Bank has a 12-month low of $15.15 and a 12-month high of $23.84.

F & M Bank (OTCMKTS:FMBM) last issued its earnings results on Thursday, January 30th. The financial services provider reported $0.64 earnings per share for the quarter. F & M Bank had a return on equity of 8.77% and a net margin of 9.68%.

About F & M Bank

F & M Bank Corp. operates as the bank holding company for Farmers & Merchants Bank that provides financial products and services to consumers and businesses in Virginia. The company offers commercial and individual demand and time deposit accounts, savings accounts, money market accounts, internet and mobile banking services, and drive-in banking services.