SmarterDividends
FXNC

First National Corporation

FXNC

Financial Services · Banks - Regional · Stock · quarterly payer

$29.56

Undervalued · +32% Add to Portfolio

Forward Yield

2.29%

Annual Dividend

$0.68

Payout Ratio

28%

5-Yr Growth

7.6%

Ex-Date

Aug 28, 2026

Frequency

Quarterly

Key facts about FXNC's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, First National Corporation (FXNC) has a forward dividend yield of 2.29%, based on an annual dividend of $0.68 per share and a share price of $29.56.
  • As of Oct 18, 2026, FXNC's dividend safety grade from SmarterDividends is A (83 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, First National Corporation (FXNC) has raised its dividend for 10 consecutive years as of Oct 18, 2026.
  • FXNC last cut its regular dividend in 2014.
  • FXNC's most recent ex-dividend date was Aug 28, 2026, for a dividend of $0.17 per share.
  • As of Oct 18, 2026, FXNC pays out 28% of its trailing 12-month earnings as dividends (its payout ratio).
  • FXNC's dividend has grown at an average rate of 7.6% a year over the past five years.
  • As of Oct 18, 2026, FXNC's 2.29% yield is 23% below its five-year average yield of 2.97%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for FXNC is $39.14 per share, 32% above the $29.56 share price, so FXNC screens as undervalued.
  • First National Corporation (FXNC) pays its dividend quarterly, 4 times a year.
  • First National Corporation (FXNC) has raised its regular dividend 18 times and cut it 1 time across the 91 payments on record since 2001. Its most recent change was a 9.7% increase to $0.170 per share, going ex-dividend on Nov 28, 2025. The last cut went ex-dividend on Mar 10, 2011.
Cite this page

SmarterDividends, "FXNC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/FXNC

Summary

As of Oct 18, 2026, First National Corporation (FXNC) yields 2.29% ($0.68 a year per share), has a dividend safety grade of A (83/100) and has 10 consecutive years of dividend increases on record.

Is FXNC a good dividend stock?

Yes

First National Corporation (FXNC) pays a quarterly dividend yielding 2.29% ($0.68/yr), with 10 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 10 consecutive years of dividend growth
  • Comfortable payout ratio (28%)
  • Strong 7.6% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2014

Key Data

Dividend Yield
2.29%
Payout Ratio
28%
Annual Dividend
$0.68
5-Yr Avg Growth
7.6%
Ex-Dividend Date
Aug 28, 2026
Years of Growth
10
Frequency
quarterly
Beta
0.47
Market Cap
$267.3M
P/E Ratio
12.3
5-Yr Total Return
30%
52-Week Range
$21.86 – $33.24
Dividend Safety
A · 83/100
Ever Cut?
Yes (2014)

FXNC dividend raises and cuts

First National Corporation (FXNC) has raised its regular dividend 18 times and cut it 1 time across the 91 payments on record since 2001. Its most recent change was a 9.7% increase to $0.170 per share, going ex-dividend on Nov 28, 2025. The last cut went ex-dividend on Mar 10, 2011.

Ex-dateChangeOld → newMove
Nov 28, 2025Raise$0.155 → $0.170+9.7%
Nov 29, 2024Raise$0.150 → $0.155+3.3%
Feb 23, 2023Raise$0.140 → $0.150+7.1%
Feb 24, 2022Raise$0.120 → $0.140+16.7%
Feb 25, 2021Raise$0.110 → $0.120+9.1%
Feb 27, 2020Raise$0.0900 → $0.110+22.2%
Feb 28, 2019Raise$0.0500 → $0.0900+80.0%
Mar 1, 2018Raise$0.0350 → $0.0500+42.9%
Mar 1, 2017Raise$0.0300 → $0.0350+16.7%
Mar 2, 2016Raise$0.0250 → $0.0300+20.0%
Mar 10, 2011Cut$0.140 → $0.100−28.6%
Nov 28, 2007Raise$0.130 → $0.140+7.7%
Show all 19 changes since 2001
Ex-dateChangeOld → newMove
Nov 21, 2006Raise$0.120 → $0.130+8.3%
Nov 22, 2005Raise$0.110 → $0.120+9.1%
Nov 23, 2004Raise$0.100 → $0.110+10.0%
Nov 19, 2003Raise$0.0950 → $0.100+5.3%
Mar 12, 2003Raise$0.0900 → $0.0950+5.6%
Nov 20, 2002Raise$0.0850 → $0.0900+5.9%
Nov 20, 2001Raise$0.0800 → $0.0850+6.3%
Every FXNC payment →Download every raise and cut (CSV)
FXNC ex-dividend date & scheduleNext ex-date Aug 28, 2026 · full ex-dividend historyView →FXNC dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is FXNC a good dividend stock?

Yes. First National Corporation (FXNC) pays a quarterly dividend yielding 2.29% ($0.68/yr), with 10 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is FXNC undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, FXNC's fair value is about $39.14 versus a $29.56 share price — so it looks undervalued (+32% vs. fair value).

Is FXNC's dividend safe?

FXNC has a dividend-safety grade of A (83/100), based on its payout coverage, free-cash-flow, 10-year growth streak, a dividend cut in 2014, debt and yield-versus-history.

What is FXNC's fair value?

Our blended fair-value estimate for FXNC is about $39.14 per share, roughly 32% above the current $29.56 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is FXNC a buy, hold, or sell?

We don't issue formal ratings, but on the data FXNC screens as "yes" and undervalued. First National Corporation (FXNC) pays a quarterly dividend yielding 2.29% ($0.68/yr), with 10 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will FXNC cut its dividend?

FXNC earns a dividend-safety grade of A (83/100), and has cut its dividend before (last in 2014). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does FXNC pay a dividend?

Yes. First National Corporation pays a quarterly dividend of about $0.68 per share annually, a forward yield of roughly 2.29%.

What is FXNC's dividend yield?

As of Oct 18, 2026, FXNC's forward dividend yield is 2.29%, based on a $0.68 annual dividend and a $29.56 share price.

What is FXNC's dividend per share?

As of Oct 18, 2026, FXNC pays $0.68 per share per year, distributed on a quarterly basis.

What is FXNC's dividend payout ratio?

As of Oct 18, 2026, FXNC's payout ratio is 28% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has FXNC grown its dividend?

As of Oct 18, 2026, FXNC has increased its dividend for 10 consecutive years.

When is the next FXNC ex-dividend date?

As of Oct 18, 2026, FXNC's next ex-dividend date hasn't been announced. The most recent was Aug 28, 2026, for $0.17 per share.

Income Calculator

At $0.68 / yr per share

Per payment (quarterly)$17.00
Annual$68.00
Monthly avg$5.67

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