First National Corp. Declares Quarterly Dividend

Ticker: FXNC · Form: 8-K · Filed: May 8, 2024 · CIK: 719402

First National CORP /Va/ 8-K Filing Summary
FieldDetail
CompanyFirst National CORP /Va/ (FXNC)
Form Type8-K
Filed DateMay 8, 2024
Risk Levellow
Pages2
Reading Time3 min
Key Dollar Amounts$1.25
Sentimentneutral

Sentiment: neutral

Topics: dividend, shareholder-return

Related Tickers: FXNC

TL;DR

FXNC is paying out $0.18/share dividend on June 14th. Keep holding.

AI Summary

First National Corporation (FXNC) announced on May 8, 2024, that its Board of Directors has declared a quarterly cash dividend of $0.18 per share, payable on June 14, 2024, to shareholders of record as of May 31, 2024. This marks a continuation of their regular dividend payments.

Why It Matters

This dividend declaration indicates continued financial stability and a commitment to returning value to shareholders, which can be a positive signal for investors.

Risk Assessment

Risk Level: low — The filing is a routine dividend declaration, which typically carries low risk.

Key Numbers

Key Players & Entities

FAQ

What is the amount of the quarterly cash dividend declared by First National Corporation?

The quarterly cash dividend declared is $0.18 per share.

When will the declared dividend be paid to shareholders?

The dividend will be paid on June 14, 2024.

What is the record date for the dividend payment?

The record date for the dividend is May 31, 2024.

What is the company's name and state of incorporation?

The company's name is First National Corporation, and it is incorporated in Virginia.

What is the filing date of this Form 8-K?

The Form 8-K was filed on May 8, 2024.

Filing Stats: 717 words · 3 min read · ~2 pages · Grade level 13.1 · Accepted 2024-05-08 10:00:48

Key Financial Figures

Filing Documents

01

Item 7.01 Regulation FD Disclosure. During the course of the Annual Meeting of Shareholders on May 8, 2024, management of the Company presented financial and other information to those present. A copy of the presentation is attached hereto as Exhibit 99.1 and is incorporated by reference into this Item 7.01. The information provided pursuant to this Item 7.01 is to be considered "furnished" pursuant to Form 8-K and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities under that Section, nor shall it be deemed incorporated by reference into any of the Company's reports or filings under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such report or filing. The filing of this Current Report shall not be deemed an admission as to the materiality of any information in the Current Report that is required to be disclosed solely by reason of Regulation FD. A cautionary note about forward-looking statements: This Current Report may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can include statements about estimated cost savings, plans and objectives for future operations and expectations about the Company's financial and business performance as well as economic and market conditions. They often can be identified by the use of words like "expect," "may," "could," "intend," "project," "estimate," "believe" or "anticipate." By their nature, forward-looking statements are based on assumptions and are subject to risks, uncertainties, and other factors. You are cautioned that actual results may differ materially from those contained in the forward-looking statement. Any forward-looking statements are intended to speak only as of the date of this Current Report, and the Company undertakes no obligation to u

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Annual meeting presentation 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FIRST NATIONAL CORPORATION (Registrant) Date: May 8, 2024 By: /s/ M. Shane Bell M. Shane Bell Executive Vice President and Chief Financial Officer 3

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