Old Point Financial Co. (NASDAQ:OPOF) Announces $0.12 Quarterly Dividend

Old Point Financial Co. (NASDAQ:OPOF) declared a quarterly dividend on Thursday, November 21st, Fidelity reports. Shareholders of record on Tuesday, December 3rd will be paid a dividend of 0.12 per share by the bank on Friday, December 27th. This represents a $0.48 dividend on an annualized basis and a yield of 1.66%. The ex-dividend date of this dividend is Monday, December 2nd.

Shares of OPOF stock opened at $28.95 on Friday. Old Point Financial has a 52-week low of $19.00 and a 52-week high of $30.05. The stock has a market cap of $150.54 million, a PE ratio of 20.68 and a beta of 0.37. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.92 and a current ratio of 0.92. The firm’s 50 day moving average price is $25.65 and its two-hundred day moving average price is $23.39.

Separately, ValuEngine cut shares of Old Point Financial from a “hold” rating to a “sell” rating in a research note on Tuesday, November 19th.

Old Point Financial Company Profile

Old Point Financial Corporation operates as the bank holding company for The Old Point National Bank of Phoebus that provides consumer, mortgage, and business banking services for individual, retail, and commercial customers. The company offers deposit products, including interest-bearing transaction accounts, money market deposit accounts, savings accounts, time deposits, and demand deposits.

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Dividend History for Old Point Financial (NASDAQ:OPOF)

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