ROANOKE TIMES

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: THURSDAY, May 24, 1990                   TAG: 9005240295
SECTION: BUSINESS                    PAGE: C-6   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short


TWO VIRGINIA BANKS REPORT DIVIDEND GAINS

Dividend increases were reported Wednesday by the boards of First Virginia Banks of Falls Church and Piedmont BankGroup Inc. of Martinsville. The First Virginia quarterly payment will increase from 31 to 32 cents a share on July 16. Piedmont BankGroup directors raised their payment from 17 cents to 18 cents per share, effective June 29. The Piedmont board recently authorized repurchase of up to 50,000 shares of its own stock.

- Staff reports



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