Potomac Bancshares, Inc. (OTCMKTS:PTBS) to Issue Dividend Increase – $0.12 Per Share

Potomac Bancshares, Inc. (OTCMKTS:PTBS) declared a quarterly dividend on Thursday, April 18th, NASDAQ reports. Shareholders of record on Friday, May 3rd will be paid a dividend of 0.12 per share on Friday, May 10th. This represents a $0.48 dividend on an annualized basis and a yield of 3.37%. The ex-dividend date of this dividend is Thursday, May 2nd. This is an increase from Potomac Bancshares’s previous quarterly dividend of $0.10.

Potomac Bancshares Price Performance

Shares of Potomac Bancshares stock traded up $0.05 during trading on Friday, hitting $14.25. The stock had a trading volume of 11,498 shares, compared to its average volume of 1,513. The firm has a market cap of $59.00 million, a P/E ratio of 8.14 and a beta of 0.10. The business has a fifty day moving average of $14.76 and a two-hundred day moving average of $14.97. Potomac Bancshares has a fifty-two week low of $14.01 and a fifty-two week high of $18.00.

Potomac Bancshares (OTCMKTS:PTBS) last announced its earnings results on Thursday, February 1st. The company reported $0.44 earnings per share (EPS) for the quarter. The company had revenue of $8.46 million for the quarter.

About Potomac Bancshares

Potomac Bancshares, Inc operates as the bank holding company for Bank of Charles Town that provides various banking products and services to individuals and businesses. The company offers checking, savings, and individual retirement accounts; and certificates of deposit (CD). It also provides personal loans, including new and used vehicle, home equity, unsecured home improvement and personal, retail equipment, and lot loans, as well as loans secured by CD, and home equity lines of credit; commercial loans for building or office purchases, commercial real estate and construction, and production and administrative equipment purchases; lines of credit; mortgage, commercial, term, residential and commercial construction, commercial real estate, and agricultural loans; and credit and debit cards.