First National Corporation Announces Increase in Cash Dividend for 10th Consecutive Year

Core Points - First National Corporation declared a quarterly cash dividend of $0.155 per share, marking a 3% increase from the previous quarter [1] - This is the tenth consecutive year that the company has increased its dividend to shareholders [1] - The dividend is scheduled to be paid on December 13, 2024, to shareholders of record as of November 29, 2024 [1] Company Overview - First National Corporation (NASDAQ: FXNC) is the parent company of First Bank, a community bank established in 1907 in Strasburg, Virginia [3] - The bank provides a range of loan and deposit products and services through various channels, including its website, mobile banking platform, ATMs, loan production offices, and thirty-three branch locations [3] - In addition to traditional banking services, the bank operates a wealth management division and owns First Bank Financial Services, Inc., which provides title insurance services [3]