First National Corp. Rewards Shareholders With a 3.3% Dividend Hike
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First National Corp. (FXNC) has announced a 3.3% increase in its quarterly dividend, raising it to 15.5 cents per share. The company's strong liquidity and capital position are expected to support ongoing capital distributions.
November 18, 2024 | 4:00 pm
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First National Corp. has increased its quarterly dividend by 3.3% to 15.5 cents per share, indicating a strong financial position.
The dividend increase suggests that First National Corp. is in a strong financial position, which is positive news for investors. This move is likely to attract income-focused investors, potentially driving up the stock price in the short term.
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