Old Point Financial Co. (NASDAQ:OPOF) declared a quarterly dividend on Thursday, November 16th, Wall Street Journal reports. Investors of record on Thursday, November 30th will be given a dividend of 0.11 per share by the bank on Friday, December 29th. This represents a $0.44 annualized dividend and a yield of 1.53%. The ex-dividend date of this dividend is Wednesday, November 29th.
Old Point Financial (NASDAQ OPOF) opened at $28.68 on Tuesday. Old Point Financial has a 12-month low of $20.45 and a 12-month high of $34.82. The firm has a market capitalization of $139.42, a PE ratio of 38.58 and a beta of 0.12. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.87 and a current ratio of 0.87.
Old Point Financial (NASDAQ:OPOF) last released its earnings results on Wednesday, November 1st. The bank reported $0.15 earnings per share for the quarter. Old Point Financial had a return on equity of 3.78% and a net margin of 7.93%. The firm had revenue of $11.09 million for the quarter.
Separately, ValuEngine downgraded Old Point Financial from a “buy” rating to a “hold” rating in a research report on Saturday.
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About Old Point Financial
Old Point Financial Corporation is a holding company that conducts all of its operations through two subsidiaries, The Old Point National Bank of Phoebus (the Bank) and Old Point Trust & Financial Services, N.A. (the Trust). The Company operates in three principal business segments: the Bank, the Trust and the Parent.
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