Ohio Valley Banc Corp. (NASDAQ:OVBC - Get Free Report) announced a quarterly dividend on Tuesday, January 14th,RTT News reports. Stockholders of record on Friday, January 24th will be paid a dividend of 0.22 per share by the bank on Monday, February 10th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.83%.
Ohio Valley Banc has raised its dividend payment by an average of 1.6% per year over the last three years.
Ohio Valley Banc Stock Performance
Shares of OVBC stock traded down $0.34 on Tuesday, reaching $22.95. The stock had a trading volume of 3,300 shares, compared to its average volume of 4,012. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.32. The firm's 50-day moving average is $25.47 and its two-hundred day moving average is $24.07. The firm has a market capitalization of $108.12 million, a price-to-earnings ratio of 9.29 and a beta of 0.08. Ohio Valley Banc has a 12 month low of $19.35 and a 12 month high of $28.00.
Ohio Valley Banc (NASDAQ:OVBC - Get Free Report) last released its quarterly earnings results on Monday, October 28th. The bank reported $0.58 earnings per share for the quarter. The firm had revenue of $22.26 million for the quarter. Ohio Valley Banc had a net margin of 13.66% and a return on equity of 7.97%. During the same period in the prior year, the company earned $0.47 earnings per share.
Analyst Upgrades and Downgrades
Separately, StockNews.com began coverage on shares of Ohio Valley Banc in a research report on Monday. They issued a "hold" rating for the company.
Read Our Latest Research Report on OVBC
Ohio Valley Banc Company Profile
(
Get Free Report)
Ohio Valley Banc Corp. operates as the bank holding company for The Ohio Valley Bank Company that provides commercial and consumer banking products and services. The company operates in two segments, Banking and Consumer Finance. It accepts various deposit products, including checking, savings, time, and money market accounts, as well as individual retirement accounts, demand deposits, NOW accounts, and certificates of deposit.
Further Reading
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