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Semiannual dividend increase declared

Benchmark Bankshares, Inc. (BMBN), the Kenbridge-based holding company for Benchmark Community Bank, recently announced the declaration of a semiannual dividend of 29 cents per share to holders of common stock of the company. The current dividend is a 7.4 percent increase from the dividend of 27 cents per share declared in December 2018.

The record date for shareholders entitled to payment of the dividend will be the close of business, 4 p.m., on July 5, with payment to occur by July 31.

The common stock of Benchmark Bankshares, Inc. trades on the OTC Pink marketplace under the symbol BMBN. Any stockbroker can assist with purchases of the company’s stock, as well as with sales of holdings.