Primis Financial Corp. (FRST) To Go Ex-Dividend on August 9th

Primis Financial Corp. (NASDAQ:FRST) announced a quarterly dividend on Thursday, July 25th, Zacks reports. Stockholders of record on Friday, August 9th will be paid a dividend of 0.10 per share on Friday, August 23rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date of this dividend is Friday, August 9th.

Primis Financial has a dividend payout ratio of 21.6% meaning its dividend is sufficiently covered by earnings. Analysts expect Primis Financial to earn $1.80 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 22.2%.

Primis Financial Stock Up 2.3 %

Shares of FRST stock opened at $13.26 on Friday. The company has a 50 day moving average price of $10.75 and a 200-day moving average price of $11.42. Primis Financial has a 52 week low of $7.54 and a 52 week high of $13.69. The firm has a market capitalization of $327.26 million, a PE ratio of 15.42 and a beta of 0.77.

Primis Financial Company Profile

Primis Financial Corp. operates as the bank holding company for Primis Bank that provides a range of financial services to individuals and small and medium sized businesses in the United States. Its deposit products include checking, NOW, savings, and money market accounts, as well as certificates of deposits.