First National Raises Quarterly Dividend 11.8% to $0.19 Per Share

First National Corporation raised its quarterly dividend by 11.8% to $0.19 per share from $0.17, with the higher payout scheduled for eligible shareholders on Dec. 11.

The board declared the dividend Nov. 12. Shareholders of record Nov. 27 qualify for payment.

First National is the bank holding company for First Bank, which operates 28 banking offices across Virginia.

President and CEO Scott Harvard said the company has raised its annual cash dividend payout every year for 11 years. “We are pleased to announce this increase in dividends for our shareholders based on our strong financial performance,” Harvard said.