Community Bankers Trust Corporation Announces Increase in Quarterly Dividend

(Neutral)

Rhea-AI Summary

Community Bankers Trust Corporation (NASDAQ: ESXB) declared a quarterly dividend of $0.07 per share, marking a $0.01 increase from the previous three quarters. The dividend is set to be paid on September 1, 2021 to shareholders on record as of August 18, 2021. This increase is a positive indication of the company's financial health and commitment to returning value to shareholders.

Positive

Quarterly dividend increased by $0.01, signaling financial confidence.
Dividend payable to shareholders on September 1, 2021.

Negative

None.

News Market Reaction – ESXB

-1.40%

-1.40% Session move

In the trading session that priced this news, ESXB declined 1.40%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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07/29/2021 - 04:30 PM

RICHMOND, Va., July 29, 2021 /PRNewswire/ -- Community Bankers Trust Corporation (NASDAQ: ESXB), the holding company for Essex Bank, announced today that its Board of Directors has declared a quarterly dividend of $0.07 per share with respect to the Company's outstanding common stock, a $0.01 increase over the amount of each of the last three quarterly dividends. The dividend will be payable on September 1, 2021 to shareholders of record at the close of business on August 18, 2021.

About Community Bankers Trust Corporation and Essex Bank

Community Bankers Trust Corporation is the holding company for Essex Bank, a Virginia state bank with 24 full-service offices, 18 of which are in Virginia and six of which are in Maryland. The Bank also operates two loan production offices.

Additional information on the Bank is available on the Bank's website at www.essexbank.com. For information on Community Bankers Trust Corporation, please visit its website at www.cbtrustcorp.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/community-bankers-trust-corporation-announces-increase-in-quarterly-dividend-301344712.html

SOURCE Community Bankers Trust Corporation

FAQ

What is the new dividend amount declared by Community Bankers Trust Corporation?

The new dividend amount declared is $0.07 per share.

When will the dividend be paid to shareholders of ESXB?

The dividend will be paid on September 1, 2021.

What is the record date for the dividend payment for ESXB?

The record date for the dividend payment is August 18, 2021.

How much has the dividend increased compared to previous quarters?

The dividend has increased by $0.01 compared to the last three quarterly dividends.