Old Point Financial Co. (NASDAQ:OPOF - Get Free Report) declared a quarterly dividend on Tuesday, February 18th, RTT News reports. Shareholders of record on Wednesday, March 5th will be paid a dividend of 0.14 per share by the bank on Friday, March 28th. This represents a $0.56 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date of this dividend is Wednesday, March 5th.
Old Point Financial has raised its dividend payment by an average of 3.9% per year over the last three years.
Old Point Financial Price Performance
OPOF stock traded down $0.10 during mid-day trading on Friday, reaching $29.80. 6,367 shares of the company's stock were exchanged, compared to its average volume of 4,939. The company has a market cap of $151.38 million, a price-to-earnings ratio of 15.85 and a beta of 0.26. The stock's 50 day moving average is $25.64 and its 200 day moving average is $21.77. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.92 and a quick ratio of 0.92. Old Point Financial has a 12-month low of $13.49 and a 12-month high of $30.10.
Old Point Financial (NASDAQ:OPOF - Get Free Report) last issued its quarterly earnings results on Thursday, January 30th. The bank reported $0.57 earnings per share (EPS) for the quarter. Old Point Financial had a return on equity of 8.56% and a net margin of 11.08%.
Wall Street Analysts Forecast Growth
Separately, StockNews.com began coverage on Old Point Financial in a research report on Saturday, February 15th. They set a "hold" rating on the stock.
Check Out Our Latest Research Report on OPOF
Old Point Financial Company Profile
(
Get Free Report)
Old Point Financial Corporation operates as the bank holding company for The Old Point National Bank of Phoebus that provides consumer, mortgage, and business banking services for individual and commercial customers in Virginia. It offers deposit products, including interest-bearing transaction accounts, money market deposit accounts, savings accounts, time deposits, and demand deposits.
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