Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Plans Quarterly Dividend of $0.08

Bank of the James Financial Group, Inc. (NASDAQ:BOTJGet Free Report) declared a quarterly dividend on Tuesday, October 17th, Zacks reports. Investors of record on Friday, November 24th will be paid a dividend of 0.08 per share by the financial services provider on Friday, December 8th. This represents a $0.32 dividend on an annualized basis and a yield of 3.20%. The ex-dividend date is Wednesday, November 22nd.

Bank of the James Financial Group has raised its dividend by an average of 10.0% annually over the last three years and has increased its dividend annually for the last 3 consecutive years.

Bank of the James Financial Group Stock Up 0.5 %

Shares of BOTJ opened at $10.00 on Monday. The firm has a 50-day moving average price of $10.16 and a 200 day moving average price of $9.98. The firm has a market capitalization of $45.70 million, a PE ratio of 5.35 and a beta of 0.73. Bank of the James Financial Group has a 52-week low of $8.12 and a 52-week high of $13.50.

Bank of the James Financial Group (NASDAQ:BOTJGet Free Report) last announced its earnings results on Friday, October 20th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter. The firm had revenue of $10.57 million during the quarter. Bank of the James Financial Group had a net margin of 17.04% and a return on equity of 16.67%.

Wall Street Analysts Forecast Growth

Separately, TheStreet upgraded shares of Bank of the James Financial Group from a “c+” rating to a “b-” rating in a research report on Tuesday, August 8th.

Check Out Our Latest Analysis on BOTJ

Hedge Funds Weigh In On Bank of the James Financial Group

Large investors have recently made changes to their positions in the business. Captrust Financial Advisors boosted its position in shares of Bank of the James Financial Group by 40.9% during the 2nd quarter. Captrust Financial Advisors now owns 125,963 shares of the financial services provider’s stock valued at $1,638,000 after purchasing an additional 36,564 shares in the last quarter. First Manhattan CO. LLC. boosted its position in shares of Bank of the James Financial Group by 29.9% during the 1st quarter. First Manhattan CO. LLC. now owns 21,711 shares of the financial services provider’s stock valued at $228,000 after purchasing an additional 5,000 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Bank of the James Financial Group by 18.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 16,834 shares of the financial services provider’s stock valued at $213,000 after purchasing an additional 2,653 shares in the last quarter. Renaissance Technologies LLC bought a new position in shares of Bank of the James Financial Group during the 4th quarter valued at about $124,000. Finally, Tower Research Capital LLC TRC boosted its position in shares of Bank of the James Financial Group by 146.9% during the 3rd quarter. Tower Research Capital LLC TRC now owns 2,084 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 1,240 shares in the last quarter. Institutional investors own 18.31% of the company’s stock.

About Bank of the James Financial Group

(Get Free Report)

Bank of the James Financial Group, Inc operates as the bank holding company for Bank of the James that provides general retail and commercial banking services to individuals, businesses, associations and organizations, and governmental authorities in Virginia, the United States. It offers checking, savings, individual retirement, and health care saving accounts, as well as other time deposits, including money market accounts and certificates of deposit.

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Dividend History for Bank of the James Financial Group (NASDAQ:BOTJ)

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