Benchmark announces dividend

Some good news was announced this week for Benchmark shareholders. The Kenbridge-based holding company for Benchmark Community Bank, recently declared a semi-annual dividend of $0.40 cents per share of common stock. 

The $0.80 dividend for 2023 represents a 9.59% increase over the $0.73 per share dividend declared during 2022. 

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

Benchmark Community Bank, founded in 1971, is headquartered in Kenbridge. It is the company’s sole subsidiary which operates seventeen banking offices throughout central Southside Virginia and northern North Carolina. Additional information is available at the company’s website, www.BCBonline.com.