First National Dividend

Dividend criteria checks 4/6

First National is a dividend paying company with a current yield of 3.9% that is well covered by earnings.

Key information

3.9%

Dividend yield

42%

Payout ratio

Industry average yield	3.0%
Next dividend pay date	n/a
Ex dividend date	n/a
Dividend per share	n/a
Earnings per share	US$1.43
Dividend yield forecast in 3Y	3.9%

Recent dividend updates

First National (NASDAQ:FXNC) Will Pay A Dividend Of $0.15

Feb 23

First National (NASDAQ:FXNC) Is Due To Pay A Dividend Of $0.15

Aug 15

Recent updates

Here's Why It's Unlikely That First National Corporation's (NASDAQ:FXNC) CEO Will See A Pay Rise This Year

May 02

First National (NASDAQ:FXNC) Has Announced That It Will Be Increasing Its Dividend To US$0.14

May 17

First National's (NASDAQ:FXNC) Dividend Will Be Increased To US$0.14

Feb 15

First National goes ex-dividend tomorrow

May 26

Here's Why I Think First National (NASDAQ:FXNC) Is An Interesting Stock

May 04

First National reports Q1 results

Apr 30

Gerald Smith Is The Independent Vice Chairman & Secretary of the Board of First National Corporation (NASDAQ:FXNC) And They Just Picked Up 3.3% More Shares

Mar 21

How Does First National Corporation (NASDAQ:FXNC) Stand Up To These Simple Dividend Safety Checks?

Mar 12

Is First National's (NASDAQ:FXNC) Share Price Gain Of 100% Well Earned?

Feb 04

First National reports Q4 results

Jan 29

First National goes ex-dividend tomorrow

Dec 17

First National (NASDAQ:FXNC) Could Be A Buy For Its Upcoming Dividend

Dec 14

How Much Does First National's (NASDAQ:FXNC) CEO Make?

Nov 23

First National reports Q3 results

Oct 29

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: FXNC's dividends per share have been stable in the past 10 years.

Growing Dividend: FXNC's dividend payments have increased over the past 10 years.

Dividend Yield vs Market

First National Dividend Yield vs Market

How does FXNC dividend yield compare to the market?
Segment	Dividend Yield
Company (FXNC)	3.9%
Market Bottom 25% (US)	1.5%
Market Top 25% (US)	4.7%
Industry Average (Banks)	3.0%
Analyst forecast in 3 Years (FXNC)	3.9%

Notable Dividend: FXNC's dividend (3.9%) is higher than the bottom 25% of dividend payers in the US market (1.54%).

High Dividend: FXNC's dividend (3.9%) is low compared to the top 25% of dividend payers in the US market (4.73%).

Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (41.8%), FXNC's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.

First National Dividend

Dividend criteria checks 4/6

Key information

Recent dividend updates

First National (NASDAQ:FXNC) Will Pay A Dividend Of $0.15

Upcoming dividend of US$0.15 per share at 3.2% yield

First National Corporation Declares Quarterly Cash Dividend, Payable on December 8, 2023

Upcoming dividend of US$0.15 per share at 3.5% yield

First National (NASDAQ:FXNC) Is Due To Pay A Dividend Of $0.15

First National Corporation Announces Quarterly Cash Dividend, Payable on September 8, 2023

Recent updates

Independent Director recently bought US$64k worth of stock

First National Corporation Reports Net Charge-Offs for the First Quarter Ended March 31, 2024

Here's Why It's Unlikely That First National Corporation's (NASDAQ:FXNC) CEO Will See A Pay Rise This Year

First quarter 2024 earnings released: EPS: US$0.51 (vs US$0.61 in 1Q 2023)

New minor risk - Market cap size

First National Corporation, Annual General Meeting, May 08, 2024

Price target decreased by 12% to US$18.50

First National Corporation (NasdaqCM:FXNC) entered into a definitive merger agreement to acquire Touchstone Bankshares, Inc. (OTCPK:TSBA) for $46.9 million.

First National Corporation (NasdaqCM:FXNC) entered into a definitive merger agreement to acquire Touchstone Bankshares, Inc. (OTCPK:TSBA) for $46.9 million.

First National Corporation (NasdaqCM:FXNC) entered into a definitive merger agreement to acquire Touchstone Bankshares, Inc. (OTCPK:TSBA) for $47.3 million.

First National (NASDAQ:FXNC) Will Pay A Dividend Of $0.15

Fourth quarter dividend of US$0.15 announced

Full year 2023 earnings released: EPS: US$1.54 (vs US$2.69 in FY 2022)

Price target increased by 17% to US$21.00

First National Corporation Reports Net Charge Offs for the Fourth Quarter Ended December 31, 2023

Insufficient new directors

Upcoming dividend of US$0.15 per share at 3.2% yield

First National Corporation Declares Quarterly Cash Dividend, Payable on December 8, 2023

New major risk - Revenue and earnings growth

Third quarter 2023 earnings released: EPS: US$0.50 (vs US$0.71 in 3Q 2022)

First National Corporation Reports Net Charge-Offs for the Third Quarter Ended September 30, 2023

Investor sentiment deteriorates as stock falls 15%

Upcoming dividend of US$0.15 per share at 3.5% yield

First National (NASDAQ:FXNC) Is Due To Pay A Dividend Of $0.15

First National Corporation Announces Quarterly Cash Dividend, Payable on September 8, 2023

Second quarter 2023 earnings released: EPS: US$0.56 (vs US$0.61 in 2Q 2022)

Upcoming dividend of US$0.15 per share at 4.0% yield

First National (NASDAQ:FXNC) Is Due To Pay A Dividend Of $0.15

Full year 2022 earnings released: EPS: US$2.69 (vs US$1.87 in FY 2021)

First National's (NASDAQ:FXNC) Dividend Will Be Increased To $0.15

First National Corporation Announces Quarterly Cash Dividend, Payable on March 10, 2023

First National Corporation Announces Quarterly Cash Dividend, Payable on December 16, 2022

First National Corporation Reports Net Charge Offs for the Fourth Quarter Ended December 31, 2022

Full year 2022 earnings released: EPS: US$2.68 (vs US$1.87 in FY 2021)

First National Corporation Declares Quarterly Cash Dividend, Payable on December 16, 2022

Investor sentiment improved over the past week

First National Corporation Announces Unaudited Net Charge Offs for the Quarter Ended September 30, 2022

Third quarter 2022 earnings released: EPS: US$0.71 (vs US$0.39 in 3Q 2021)

First National goes ex-dividend tomorrow

First National Corporation Declares Quarterly Cash Dividend, Payable on September 9, 2022

Second quarter 2022 earnings released: EPS: US$0.61 (vs US$0.69 in 2Q 2021)

First National GAAP EPS of $0.61, revenue of $14.07M

Independent Director recently bought US$94k worth of stock

Upcoming dividend of US$0.14 per share

First National (NASDAQ:FXNC) Has Announced That It Will Be Increasing Its Dividend To US$0.14

First National Corporation Appoints Matt Paciocco as Senior Vice President and Regional Executive for Richmond, Virginia

First quarter 2022 earnings: EPS exceeds analyst expectations

First National Corporation, Annual General Meeting, May 11, 2022

Full year 2021 earnings: EPS misses analyst expectations

Upcoming dividend of US$0.14 per share

First National's (NASDAQ:FXNC) Dividend Will Be Increased To US$0.14

First National Corporation Declares Quarterly Cash Dividend, Payable on March 11, 2022

First National Corporation Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2021

Full year 2021 earnings: EPS misses analyst expectations

Third quarter 2021 earnings released: EPS US$0.39 (vs US$0.36 in 3Q 2020)

Insufficient new directors

Upcoming dividend of US$0.12 per share

Second quarter 2021 earnings released: EPS US$0.69 (vs US$0.46 in 2Q 2020)

First National Corporation (NasdaqCM:FXNC) completed the acquisition of The Bank of Fincastle (OTCPK : BFTL).

First National Corporation(NasdaqCM:FXNC) dropped from Russell Microcap Growth Index

First National goes ex-dividend tomorrow

Upcoming dividend of US$0.12 per share

First National Corporation Declares Quarterly Cash Dividend, Payable on June 11, 2021

Here's Why I Think First National (NASDAQ:FXNC) Is An Interesting Stock

First quarter 2021 earnings released: EPS US$0.50 (vs US$0.34 in 1Q 2020)

First National reports Q1 results

Key Executive recently bought US$100k worth of stock

Gerald Smith Is The Independent Vice Chairman & Secretary of the Board of First National Corporation (NASDAQ:FXNC) And They Just Picked Up 3.3% More Shares

Key Executive recently bought US$152k worth of stock