BANK OF THE JAMES FINANCIAL GROUP INC 8-K
Research Summary
AI-generated summary
Bank of the James Declares Quarterly Cash Dividend of $0.10
What Happened
- Bank of the James Financial Group, Inc. (BOTJ) announced on January 27, 2026 that its Board of Directors declared a quarterly cash dividend of $0.10 per share of common stock. The company filed a Current Report on Form 8-K to disclose the declaration. The dividend is payable on or about March 6, 2026 to shareholders of record at the close of business on February 17, 2026.
Key Details
- Declared dividend: $0.10 per share (quarterly).
- Declaration date: January 27, 2026; Form 8-K filed January 28, 2026.
- Record date: Close of business on February 17, 2026.
- Payment date: On or about March 6, 2026.
Why It Matters
- The dividend is a direct cash return to common shareholders and reflects the company’s current capital allocation decision.
- Investors should note the record date (Feb 17, 2026) to be eligible and the payment timing (around Mar 6, 2026).
- Dividend income and yield depend on the number of shares held and the market price; shareholders tracking income or total return will want to factor this payment into their calculations.