Old Point Financial Corporation Announces Quarterly Dividend

Old Point Financial has announced a quarterly cash dividend of $0.14 per share on its common stock.

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Rhea-AI Summary

Old Point Financial has announced a quarterly cash dividend of $0.14 per share on its common stock. The dividend will be paid on December 27, 2024 to shareholders of record as of December 4, 2024. This dividend maintains the same level as the previous quarter. Based on the stock's closing price of $20.30 on November 19, 2024, the dividend represents an annual yield of approximately 2.76%.

Positive

Maintained steady quarterly dividend of $0.14 per share
Offers 2.76% annual dividend yield

Negative

None.

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+1.76% session move Open Argus

Details

News Market Reaction – OPOF

The recorded move for OPOF in the trading session of this news was +1.76%.

Data tracked by StockTitan Argus. Session date unavailable.

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11/20/2024 - 04:15 PM EST

HAMPTON, Va., Nov. 20, 2024 /PRNewswire/ -- Old Point Financial Corporation declared a quarterly cash dividend of $0.14 per share on its common stock to be paid on December 27, 2024 to shareholders of record as of December 4, 2024. The dividend amount is the same as the prior quarter's dividend and based on the stock's closing price of $20.30 on November 19, 2024, the annual dividend yield is approximately 2.76%.

ABOUT OLD POINT FINANCIAL CORPORATION

Old Point Financial Corporation (Nasdaq: OPOF) is the parent company of Old Point National Bank and Old Point Wealth Management, which serve the Hampton Roads and Richmond regions of Virginia. Old Point National Bank is a locally owned and managed community bank which offers a wide range of financial services from checking, insurance, and mortgage products to comprehensive commercial lending and banking products and services. Old Point Wealth Management is the largest wealth management services provider headquartered in Hampton Roads, Virginia, offering local asset management by experienced professionals. Additional information about the company is available at oldpoint.com.

Contact: Laura Wright, VP/Marketing Director, 757.728.1743

View original content to download multimedia:https://www.prnewswire.com/news-releases/old-point-financial-corporation-announces-quarterly-dividend-302312090.html

SOURCE Old Point Financial Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Old Point Financial 's (OPOF) dividend amount for Q4 2024?

Old Point Financial 's dividend for Q4 2024 is $0.14 per share.

When will OPOF pay its Q4 2024 dividend?

OPOF will pay its Q4 2024 dividend on December 27, 2024, to shareholders of record as of December 4, 2024.

What is Old Point Financial's (OPOF) current dividend yield?

Based on the November 19, 2024 closing price of $20.30, OPOF's annual dividend yield is approximately 2.76%.

Has OPOF changed its dividend amount compared to the previous quarter?

No, OPOF maintained its quarterly dividend amount of $0.14 per share, unchanged from the previous quarter.

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Old Point Financial Corporation Announces Quarterly Dividend