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Ex-Div Reminder for First National (FXNC)

By Dividend Channel Staff, Tuesday, February 22, 10:52 AM ET
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On 2/24/22, First National Corp. (NASDAQ:FXNC) will trade ex-dividend, for its quarterly dividend of $0.14, payable on 3/11/22. As a percentage of FXNC's recent stock price of $21.80, this dividend works out to approximately 0.64%, so look for shares of First National Corp. to trade 0.64% lower — all else being equal — when FXNC shares open for trading on 2/24/22.

Below is a dividend history chart for FXNC, showing historical dividends prior to the most recent $0.14 declared by First National Corp.:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FXNC is likely to continue, and whether the current estimated yield of 2.57% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FXNC shares, versus its 200 day moving average:

First National Corp. 200 Day Moving Average Chart

Looking at the chart above, FXNC's low point in its 52 week range is $17 per share, with $23.96 as the 52 week high point — that compares with a last trade of $21.80.


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In Tuesday trading, First National Corp. shares are currently up about 0.5% on the day.


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