Bank of the James Financial Group, Inc.
Announces 10% Stock Dividend
May 19, 2010 10:55 AM Eastern Daylight Time
LYNCHBURG, Va.--(EON: Enhanced Online News)--Bank of the James Financial Group, Inc. (OTCBB:BOJF)
(the "Company") announced yesterday at the annual shareholder's meeting that the Board of Directors voted to
declare a 10% stock dividend. The dividend will be paid to shareholders of record as of June 21, 2010 and will be
paid on July 23, 2010. The dividend will increase shares outstanding by approximately 300,000 shares. Robert R.
Chapman III, the Company's President commented, "We are pleased our board has voted to declare a stock
dividend for our shareholders for the seventh consecutive year. In declaring the stock dividend, the Board of
Directors wishes to once again recognize and reward the loyalty and confidence of its ownership base. This dividend
is evidence of our belief in the strength of our Company and the Region 2000 area.”
Bank of the James, a wholly owned subsidiary of Bank of the James Financial Group, Inc., currently operates nine
full service locations throughout the City of Lynchburg, Amherst and Bedford Counties, the Town of Amherst and
the Town of Altavista as well as mortgage origination offices in Forest and Moneta, Virginia. Bank of the James
Financial Group, Inc. common stock is quoted on the Over The Counter Bulletin Board under the symbol
“BOJF” (some web sites require BOJF.OB to quote).
Cautionary Statement Regarding Forward-Looking Statements
This press release contains statements that constitute "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. The words "believe," "estimate," "expect," "intend," "anticipate," "plan" and
similar expressions and variations thereof identify certain of such forward-looking statements which speak only as of
the dates on which they were made. Bank of the James Financial Group (the "Company") undertakes no obligation
to publicly update or revise any forward-look