Old Point Financial Co. (NASDAQ:OPOF) Declares $0.11 Quarterly Dividend

Old Point Financial Co. (NASDAQ:OPOF) announced a quarterly dividend on Thursday, May 10th, Wall Street Journal reports. Stockholders of record on Thursday, May 31st will be given a dividend of 0.11 per share by the bank on Friday, June 29th. This represents a $0.44 annualized dividend and a dividend yield of 1.64%. The ex-dividend date of this dividend is Wednesday, May 30th.

OPOF stock opened at $26.82 on Friday. The company has a quick ratio of 0.92, a current ratio of 0.93 and a debt-to-equity ratio of 0.74. Old Point Financial has a one year low of $26.62 and a one year high of $26.62. The firm has a market capitalization of $135.27 million, a PE ratio of 34.48 and a beta of 0.07.

Separately, TheStreet cut shares of Old Point Financial from a “b” rating to a “c” rating in a research report on Friday, February 2nd.

About Old Point Financial

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, retail, and commercial customers. The company offers deposit products, including interest-bearing transaction accounts, money market deposit accounts, savings accounts, time deposits, and demand deposits.

Dividend History for Old Point Financial (NASDAQ:OPOF)

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