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| Cash Dividend On The Way From First National (FXNC)By Dividend Channel Staff, Monday, November 20, 10:54 AM ET
On 11/22/23, First National Corp. (NASDAQ:FXNC) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 12/8/23. As a percentage of FXNC's recent stock price of $18.63, this dividend works out to approximately 0.81%, so look for shares of First National Corp. to trade 0.81% lower — all else being equal — when FXNC shares open for trading on 11/22/23. Below is a dividend history chart for FXNC, showing historical dividends prior to the most recent $0.15 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 3.22% 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:
Looking at the chart above, FXNC's low point in its 52 week range is $13.13 per share, with $19.44 as the 52 week high point — that compares with a last trade of $18.63. Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.
In Monday trading, First National Corp. shares are currently down about 1.3% on the day.
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