Potomac Bancshares, Inc. (PTBS) to Issue Quarterly Dividend of $0.12 on May 10th

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 annualized dividend and a yield of 3.37%. The ex-dividend date is Thursday, May 2nd. This is a boost from Potomac Bancshares’s previous quarterly dividend of $0.10.

Potomac Bancshares Stock Performance

Shares of OTCMKTS:PTBS opened at $14.25 on Friday. The stock has a market capitalization of $59.00 million, a price-to-earnings ratio of 8.14 and a beta of 0.10. The stock’s 50-day simple moving average is $14.76 and its two-hundred day simple moving average is $14.97. Potomac Bancshares has a 52-week low of $14.01 and a 52-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 firm had revenue of $8.46 million during the quarter.

Potomac Bancshares Company Profile

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.