Old Point Financial Corporation Announces Quarterly Dividend

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Old Point Financial (OPOF) has announced a quarterly cash dividend of $0.14 per share on its common stock. The dividend will be paid on September 27, 2024 to shareholders of record as of September 4, 2024. This dividend amount remains unchanged from the previous quarter. Based on the stock's closing price of $18.39 on August 20, 2024, the annual dividend yield is approximately 3.05%. This announcement demonstrates Old Point Financial 's commitment to providing consistent returns to its shareholders, maintaining its dividend policy despite potential economic uncertainties.

Positive

Consistent quarterly dividend of $0.14 per share maintained
Annual dividend yield of approximately 3.05% based on current stock price

Negative

None.

08/21/2024 - 04:15 PM

HAMPTON, Va., Aug. 21, 2024 /PRNewswire/ -- Old Point Financial Corporation declared a quarterly cash dividend of $0.14 per share on its common stock to be paid on September 27, 2024 to shareholders of record as of September 4, 2024. The dividend amount is the same as the prior quarter's dividend and based on the stock's closing price of $18.39 on August 20, 2024, the annual dividend yield is approximately 3.05%.

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.