Farmers Bankshares Inc., the Windsor-based holding company for Farmers Bank, announced that the Board of Directors has declared a quarterly dividend of $0.11 per share to holders of common stock of the company. On an annualized basis, the $0.11 per share dividend is increased 10 percent over the annualized dividend declared in June 2018 of $0.10 per share.

The record date for stockholders entitled to payment of the dividend was set to be the close of normal trading on Oct. 5, with payment to occur by Oct. 15.

The common stock of Farmers Bankshares Inc. trades as an Over-the-Counter Bulletin Board stock under the symbol FBVA. Any stockbroker can assist with purchase of the company’s stock, as well as with sales of holdings.

Farmers Bank, founded in 1919, is headquartered in Windsor and is a community bank that operates seven branches and services areas throughout Tidewater. Additional information is available at the company’s website, www.farmersbankva.com.