POWHATAN, Va., Oct. 27 /PRNewswire-FirstCall/ -- The board of directors of Central Virginia Bankshares, Inc. , at its October meeting, declared a regular quarterly cash dividend of $ 0.18 per common share, payable on December 15, 2006 to shareholders of record November 30, 2006.
The company has paid regular quarterly dividends to shareholders continuously since 1977. The current indicated annualized rate is 72 cents per share.
Central Virginia Bankshares, Inc. is the parent of Central Virginia Bank, a 33 year-old, $416 million community bank with its headquarters and main branch in Powhatan County and six additional branches; two in the adjoining County of Cumberland, three branches in Chesterfield County, and one branch in Henrico County, all adjacent to metropolitan Richmond, Va.