Banks & Financial Sector: Fauquier Declares 20 Cent Dividend
May 19, 2010 (FinancialWire) — The board of Fauquier Bankshares, Inc. (NASDAQ: FBSS) has declared a quarterly dividend of $0.20 per share for shareholders of record as of the close of business on June 18. It will be payable on July 1.
The $0.20 per share dividend represents a $0.80 dividend on an annualized basis.
Virginia-based Fauquier Bankshares and its principal subsidiary, The Fauquier Bank, posted combined assets of $570.6 million and total shareholders' equity of $43.3 million at March 31, 2010.
The Fauquier Bank is an independent, locally-owned, community bank offering a range of financial services, including internet banking, commercial, retail, insurance, wealth management, and financial planning services through ten banking offices located in Fauquier and Prince William Counties in Virginia.
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