First National Corporation Announces 9.7% Increase in Quarterly Cash Dividends

Rhea-AI Summary

First National Corporation (NASDAQ: FXNC) announced a 9.7% increase in its quarterly cash dividend to $0.17 per share, for shareholders of record on November 28, 2025, payable on December 12, 2025.

The increase rises from the prior quarterly dividend of $0.155 and follows the company’s statement that it has raised its annual cash dividend payout every year for the past ten years.

Positive

• Quarterly dividend increased by 9.7%
• New dividend of $0.17 per share
• Record date set for Nov 28, 2025 and payment date Dec 12, 2025
• Company reports 10 consecutive years of annual dividend increases

Negative

• None.

News Market Reaction – FXNC

+1.64%

1 alert

+1.64% News Effect

On the day this news was published, FXNC gained 1.64%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

STRASBURG, Va., Nov. 13, 2025 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), announced its Board of Directors declared a quarterly cash dividend of $0.17 per share to shareholders of record on November 28, 2025, to be paid on December 12, 2025. This is an increase of 9.7% from the previous quarterly dividend payment of $0.155 per share.

“We are pleased to announce this increase in dividends for our shareholders based on our strong financial performance. We have increased our annual cash dividend payout every year for the past ten years,” said Scott Harvard, President and Chief Executive Officer of First National. 

ABOUT FIRST NATIONAL CORPORATION

First National Corporation (NASDAQ: FXNC) is the parent company and bank holding company of First Bank, a community bank that first opened for business in 1907 in Strasburg, Virginia. The Bank offers loan and deposit products and services through its consumer and business mobile banking platforms, a network of ATMs located throughout its market area, three loan production offices, a customer service center in a retirement community, and thirty-three bank branch office locations located throughout the Shenandoah Valley, the Roanoke Valley, the Richmond MSA, the south-central region of Virginia, and in northern North Carolina. In addition to providing traditional banking services, the Bank operates a wealth management division under the name First Bank Wealth Management. First Bank also owns First Bank Financial Services, Inc., which owns an interest in an entity that provides title insurance services.

CONTACTS

Scott C. Harvard		Brad E. Schwartz
President and CEO		Executive Vice President and CFO
(540) 545-7695		(540) 465-6130
sharvard@fbvirginia.com		bschwartz@fbvirginia.com

FAQ

What dividend did First National Corporation (FXNC) declare for Q4 2025?

First National declared a quarterly cash dividend of $0.17 per share for Q4 2025.

When is the record date for the FXNC dividend declared November 13, 2025?

The record date for the FXNC dividend is November 28, 2025.

When will First National (FXNC) pay the $0.17 dividend?

The FXNC dividend will be paid on December 12, 2025.

How much did First National (FXNC) increase its quarterly dividend by on Nov 13, 2025?

The quarterly dividend was increased by 9.7%, from $0.155 to $0.17 per share.

Has First National (FXNC) increased dividends in prior years?

Yes; the company reported it has increased its annual cash dividend payout every year for the past ten years.