STANLEY, Va., Dec. 12, 2013 /PRNewswire/ -- The Board of
Directors of Pioneer Bankshares, Inc. (OTC Bulletin Board: PNBI)
declared a 4th quarter dividend at its December 12th, 2013
meeting. The dividend payment declared will be paid at
$0.17 per share for shareholders of
record as of December 23, 2013 and
will be payable on December 30,
2013. This dividend payment is the same amount paid in the
prior quarter and brings the total dividend payments for 2013 to
$0.67 per share. The total
dividend payout for 2013 represents an increase of 9.84% as
compared to the prior year.
Pioneer Bankshares, Inc. is a one bank holding company located
in Virginia. The corporate office and main branch are
located in Stanley, Virginia, with
other offices located in Shenandoah, Luray, Harrisonburg, Stanardsville, Ruckersville, and Charlottesville, Virginia. The Bank also
operates a small consumer loan finance company known as Valley
Finance Services, a Division of Pioneer Bank, which specializes in
consumer and auto lending.
SOURCE Pioneer Bankshares, Inc.