OVBC ANNOUNCES CASH DIVIDEND

Rhea-AI Summary

Ohio Valley Banc Corp. (NASDAQ: OVBC) has announced a quarterly cash dividend of $0.22 per common share. The dividend will be payable on February 10, 2025, to shareholders of record as of January 24, 2025.

Tom Wiseman, OVBC Chairman of the Board, expressed confidence in the company's bankers' ability to capitalize on opportunities and overcome challenges in 2025, while maintaining their Community First mission. The company operates through The Ohio Valley Bank Company, which has 17 offices across Ohio and West Virginia, and Loan Central, Inc., with six consumer finance offices in Ohio.

Positive

• Maintained quarterly dividend payment of $0.22 per share
• Strong presence with 23 total offices across Ohio and West Virginia

Negative

• None.

GALLIPOLIS, Ohio, Jan. 14, 2025 /PRNewswire/ -- On Tuesday Jan. 14, 2025, Ohio Valley Banc Corp. [Nasdaq: OVBC] Board of Directors declared a cash dividend of $0.22 per common share payable on Feb. 10, 2025, to shareholders of record as of the close of business on Jan. 24, 2025.

"We begin each new year in anticipation of the opportunities we have before us as well as the challenges we may face. We are confident our bankers have the knowledge, experience and expertise to take advantage of the opportunities while overcoming the challenges. 2025 affords your company the privilege to continue pursuing our Community First mission by positively impacting all of the communities we are fortunate to serve. We thank you for your continued support and look forward to another successful year," Tom Wiseman, OVBC Chairman of the Board, said.

Ohio Valley Banc Corp. is based in Gallipolis, Ohio. The company owns The Ohio Valley Bank Company, with 17 offices in Ohio and West Virginia, and Loan Central, Inc., with six consumer finance offices in Ohio. Learn more about Ohio Valley Banc Corp. at www.ovbc.com.

Contact: Scott Shockey or Bryna Butler, 740-446-2631, 1-800-468-6682

View original content:https://www.prnewswire.com/news-releases/ovbc-announces-cash-dividend-302350983.html

SOURCE Ohio Valley Banc Corp.

FAQ

When will OVBC pay its latest dividend in 2025?

OVBC will pay its cash dividend of $0.22 per share on February 10, 2025, to shareholders of record as of January 24, 2025.

What is the dividend amount for OVBC's Q1 2025 payment?

OVBC declared a cash dividend of $0.22 per common share for the upcoming payment.

How many branch locations does Ohio Valley Banc Corp operate?

Ohio Valley Banc Corp operates 23 total locations, including 17 Ohio Valley Bank offices in Ohio and West Virginia, and 6 Loan Central consumer finance offices in Ohio.

What is the record date for OVBC's February 2025 dividend?

The record date for OVBC's February 2025 dividend is January 24, 2025, at the close of business.