Benchmark Bankshares, Inc. Declares Increase to Semi-Annual Dividend

KENBRIDGE, VA, June 29, 2020 - Benchmark Bankshares, Inc. (BMBN), the Kenbridge-based hold­ing company for Benchmark Community Bank, recently announced the declaration of a semi-annual dividend of $0.33 per share to holders of common stock of the company.  This marks the sixth consecutive increase to the Company’s semi-annual dividend since December of 2017.  The current dividend is a 6.5% increase from the dividend of $0.31 per share declared in December 2019 and a 13.8% increase over the $0.29 declared last June. 

The record date for shareholders entitled to payment of the dividend will be the close of business, 4:00 P.M., on July 6, 2020, with payment to occur by July 31, 2020.

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 head­quartered in Kenbridge, VA. It 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.

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