Exchange Bankshares, Inc. (OTCMKTS:EXCH) Declares Dividend Increase – $0.38 Per Share

Exchange Bankshares, Inc. (OTCMKTS:EXCH) declared a quarterly dividend on Thursday, January 16th,NASDAQ Dividends reports. Shareholders of record on Tuesday, February 4th will be paid a dividend of 0.38 per share on Friday, February 7th. This represents a $1.52 dividend on an annualized basis and a yield of 3.17%. The ex-dividend date is Tuesday, February 4th. This is an increase from Exchange Bankshares’s previous quarterly dividend of $0.36.

Exchange Bankshares Stock Performance

Shares of EXCH remained flat at $47.90 during trading hours on Friday. The company’s 50-day moving average is $45.73 and its two-hundred day moving average is $41.83. Exchange Bankshares has a 1 year low of $37.50 and a 1 year high of $48.00.

About Exchange Bankshares

Exchange Bankshares, Inc operates as the holding company for Exchange Bank that provides personal and business banking products and services in Georgia. It offers checking and savings accounts; and mortgage, real estate, consumer, commercial, and home equity loans. The company also provides cash management, internet and mobile banking, travel club, bill payment, and merchant services, as well as credit cards.