Bank stockholders get cash dividend
Stockholders in an Oconee bank are in line for a cash dividend. The directors of Blue Ridge Financial Corporation, holding company of Blue Ridge Bank, recently declared a cash dividend in the amount of $204,799.00, or 50 cents a share, payable to stockholders on record December 1, 2012. This brings total dividends paid to stockholders and the holding company since 1959 to a combined six million dollars, in addition to a half dozen stock splits. Blue Ridge Bank today reports total assets of $103 million.