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First Community declares dividend of 10 cents a share
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Published: July 3, 2009
BLUEFIELD, Va. - First Community Bancshares Inc. said Wednesday that its board of directors has declared a dividend of 10 cents a share to common stockholders for the second quarter. The dividend is payable July 27 to shareholders registered on July 13.
The bank has made a $10.3 million offer to buy TriStone Community Bank of Winston-Salem. The deal has received regulatory approval but awaits shareholder approval.
The largest shareholder of TriStone, BancTenn Corp. of Kingsport, Tenn., said last week that it opposes the deal, considering it an inadequate offer.
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