Old Point Financial Corporation Declares Quarterly Dividend
Rhea-AI Summary
Old Point Financial Corporation has declared a quarterly cash dividend of $0.12 per share on its common stock, payable on March 26, 2021 to shareholders of record as of March 3, 2021. This dividend maintains the same amount as the previous quarter, resulting in a dividend yield of approximately 2.6% based on the stock's closing price of $18.60 on February 16, 2021. Old Point Financial serves the Hampton Roads region through Old Point National Bank and Old Point Trust & Financial Services.
AI-generated analysis. Not financial advice.
Positive
- Quarterly cash dividend of $0.12 per share indicates consistent shareholder return.
- Dividend yield of approximately 2.6% reflects stable income for investors.
Negative
- None.
News Market Reaction – OPOF
On the day this news was published, OPOF gained 1.53%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
HAMPTON, Va., Feb. 17, 2021 /PRNewswire/ -- Old Point Financial Corporation declared a quarterly cash dividend of
ABOUT OLD POINT FINANCIAL CORPORATION
Old Point Financial Corporation (Nasdaq: OPOF) is the parent company of Old Point National Bank, a locally owned and managed community bank, and Old Point Trust & Financial Services, N.A., a wealth management services provider, serving the Hampton Roads, Virginia region. Additional information on the Company is available at www.OldPoint.com under "Investor Relations".
Contact: Laura Wright, VP/Marketing Director, 757.728.1743
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SOURCE Old Point Financial Corporation