---
schema_version: "secwatch.filing_event.v1"
accession: "0001903596-23-000162"
form_type: "8-K"
ticker: "NWPP"
cik: "0001163389"
company_name: "NEW PEOPLES BANKSHARES INC"
filed_at: "2023-03-01T23:59:59+00:00"
generated_at: "2026-06-18T17:05:20.909267+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# New Peoples Bankshares declares $0.06 dividend (20% increase) and extends share repurchase program

## Summary
- Dividend of $0.06 per share declared, payable March 31, 2023 to holders of record March 15, 2023; 20% increase from 2022 dividend.
- Board authorized extension of share repurchase program for up to 500,000 shares through March 31, 2024.
- As of announcement, 82,352 shares repurchased at avg price $2.32; 417,648 shares remain available for repurchase.

## SEC filing metadata
- accession: 0001903596-23-000162
- form_type: 8-K
- ticker: NWPP
- cik: 0001163389
- company_name: NEW PEOPLES BANKSHARES INC
- filed_at: 2023-03-01T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163389/000190359623000162/0001903596-23-000162-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163389/000190359623000162/nwpp_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001903596-23-000162
- JSON: https://secwatch.observer/filing/0001903596-23-000162.json
- Plain text: https://secwatch.observer/filing/0001903596-23-000162.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.