Some good news was announced this week for Benchmark shareholders. The Kenbridge-based holding company for Benchmark Community Bank, recently declared a semi-annual dividend of 0.42 cents per common stock share. This is a 5% increase from the previous quarter’s dividend of 0.40 cents per share. 

The record date for shareholders entitled to payment of the dividend will be the close of business on July 5 with payment to occur by July 31. The common stock of Benchmark Bankshares, Inc. trades on the OTC Pink marketplace under the symbol BMBN. Any stockbroker can assist with purchases of the company’s stock, as well as with sales of holdings.

Benchmark Community Bank, founded in 1971, is the company’s sole subsidiary, which operates seventeen banking offices throughout central Southside Virginia and northern North Carolina. Additional information is available at the company’s website, www.BCBonline.com.