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. Stockholders of record on Friday, May 3rd will be given a dividend of 0.12 per share on Friday, May 10th. This represents a $0.48 annualized dividend and a dividend 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 Trading Up 0.4 %

Shares of OTCMKTS:PTBS traded up $0.05 during midday trading on Friday, hitting $14.25. The company had a trading volume of 11,498 shares, compared to its average volume of 1,513. Potomac Bancshares has a 12 month low of $14.01 and a 12 month high of $18.00. The stock has a market cap of $59.00 million, a price-to-earnings ratio of 8.14 and a beta of 0.10. The firm has a fifty day simple moving average of $14.76 and a 200 day simple moving average of $14.97.

Potomac Bancshares (OTCMKTS:PTBS) last posted its earnings results on Thursday, February 1st. The company reported $0.44 earnings per share for the quarter. The business 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.