Old Point Financial Corporation Announces Quarterly Dividend

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.

News Market Reaction – OPOF

+1.76%

+1.76% Session move

In the trading session that priced this news, OPOF gained 1.76%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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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

 

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SOURCE Old Point Financial Corporation

FAQ

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.