Attached files
| file | filename |
|---|---|
| 8-K - CURRENT REPORT - F&M BANK CORP | fmbm_8k.htm |
Exhibit 99.1
F & M Bank Corp.---News
ANNOUNCES DIVIDEND
TIMBERVILLE, VA—January 29, 2020—F & M Bank Corp.
(OTCQX: FMBM), parent company of Farmers & Merchants Bank,
announces its recently declared third quarter
dividend.
Mark Hanna, President, commented
“On
January 24, 2020, our Board of Directors declared a fourth quarter
dividend of $0.26 per share. Based on our most recent trade price
of $28.13 per share, this dividend constitutes a 3.70% yield on an
annualized basis. The dividend will be paid on March 2, 2020, to
shareholders of record as of February 14, 2020.”
F
& M Bank Corp. is an independent, locally-owned, financial
holding company, offering a full range of financial services,
through its subsidiary, Farmers & Merchants Bank’s
fourteen banking offices in Rockingham, Shenandoah, Page and
Augusta Counties, Virginia. The Bank also provides additional
services through a loan production office located in Penn Laird, VA
and through its subsidiaries, F&M Mortgage and VSTitle, both of
which are located in Harrisonburg, VA. Additional information may
be found by contacting us on the internet at www.fmbankva.com or by
calling (540) 896-8941.
SOURCE:
F
& M Bank Corp.
CONTACT:
Carrie
Comer, EVP/Chief Financial Officer
540-896-8941 or ccomer@fmbankva.com