First National Corp Sees 13.3% YTD Gain, Raises Annual Dividend 7.1%
Strasburg-based First National Corp’s stock has climbed 13.31% YTD and offers a quarterly dividend of $0.17 per share, yielding 2.38% versus the Southeast banks’ 2.12% yield. Its annualized $0.68 dividend is up 7.1% year over year with a 32% payout ratio, while 2026 EPS is projected at $2.30.
1. Dividend Yield and Stock Performance
Strasburg-based First National Corp pays a quarterly dividend of $0.17 per share, equating to a 2.38% yield compared with the Southeast banking sector’s 2.12% average, and its stock has climbed 13.31% year to date.
2. Dividend Growth and Payout Ratio
The $0.68 annualized dividend represents a 7.1% increase from last year and marks a 7.7% average annual rise over five years, underpinned by a conservative payout ratio of 32% of trailing EPS.
3. 2026 Earnings Outlook
Projected 2026 EPS of $2.30 per share implies an 8.49% earnings growth rate, supporting continued dividend increases and potentially enhancing the company’s valuation.