Virginia Financial Group Declares Dividend
25 Gennaio 2006 - 9:00PM
PR Newswire (US)
CULPEPER, Va., Jan. 25 /PRNewswire-FirstCall/ -- Virginia Financial
Group, Inc. (NASDAQ:VFGI) announced today that its Board of
Directors has declared a quarterly dividend of $.22 per share,
payable on February 23, 2006 to shareholders of record as of
January 30, 2006. This dividend represents a 10% increase from the
February 2005 quarterly dividend of $.20 per share. Based on the
January 24, 2006 closing price of a share of VFG stock, the annual
dividend of $.88 per share represents a yield of 2.25%. Virginia
Financial Group, with $1.5 billion in assets, is one of the largest
Virginia based community bank holding companies. It is the parent
company for Planters Bank & Trust Company of Virginia -- in
Staunton; Second Bank & Trust -- in Culpeper; Virginia
Heartland Bank -- in Fredericksburg and Virginia Commonwealth Trust
Company -- in Culpeper. The Company is a traditional community
banking provider, offering a full range of business and consumer
banking services including trust and asset management services via
its trust company affiliate. The organization maintains a network
of thirty- six branches serving Central and Southwest Virginia,
with a thirty-seventh branch scheduled to open in Lynchburg next
month. It also maintains five trust and investment service offices
in its markets, and loan production offices located in
Charlottesville and Lynchburg. For more investor information,
please visit our website at http://www.vfgi.net/. First Call
Analyst: FCMN Contact: DATASOURCE: Virginia Financial Group, Inc.
CONTACT: Jeffrey W. Farrar, Executive Vice President and CFO of
Virginia Financial Group, Inc., +1-540-829-1603, Web site:
http://www.vfgi.net/
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