Business Context and Reporting Period
Company: Bank of the James Financial Group, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: May 19, 2015
Event: Announcement of a quarterly cash dividend at the Annual Meeting of Shareholders.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on a dividend declaration.
- Dividend Amount: $0.06 per share of common stock.
- Payment Date: On or about September 25, 2015.
- Record Date: September 11, 2015.
Material Changes
The declared dividend represents a 20% increase from the most recent quarterly dividend declared on April 21, 2015.
Guidance, Outlook, and Risks
Management Commentary: Future dividends will be subject to board approval and reviewed on a quarter-to-quarter basis.
Forward-Looking Statement: The declaration of this dividend does not commit the Board of Directors to declare future dividends or determine the amount thereof.
Regulatory Note: The information is furnished under Regulation FD and is not deemed "filed" for purposes of Section 18 of the Exchange Act.
Investor Verification Checklist
- Verify the record date of September 11, 2015, to ensure eligibility for the dividend.
- Confirm the payment date of approximately September 25, 2015.
- Review the previous dividend amount to validate the 20% increase calculation.
- Note that future dividend payments are not guaranteed and require separate board approval.