Oak Ridge Financial Services, Inc. (OTCMKTS:BKOR) to Issue Dividend of $0.14

Oak Ridge Financial Services, Inc. (OTCMKTS:BKOR) announced a dividend on Tuesday, May 20th, investing.com reports. Stockholders of record on Monday, May 26th will be given a dividend of 0.14 per share on Monday, June 9th. This represents a dividend yield of 2.58%. The ex-dividend date of this dividend is Friday, May 23rd. This is a 75.0% increase from Oak Ridge Financial Services’s previous dividend of $0.08.

Oak Ridge Financial Services Price Performance

BKOR stock opened at $21.69 on Wednesday. Oak Ridge Financial Services has a 52 week low of $16.67 and a 52 week high of $21.76. The stock has a market capitalization of $59.60 million, a P/E ratio of 10.53 and a beta of 0.17. The firm has a 50-day simple moving average of $21.19 and a 200-day simple moving average of $20.86.

Oak Ridge Financial Services (OTCMKTS:BKOR) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.57 earnings per share for the quarter.

Oak Ridge Financial Services Company Profile

Oak Ridge Financial Services, Inc operates as a bank holding company for Bank of Oak Ridge that provides various banking products and services for individuals and businesses. It offers checking, savings, and money market accounts; overdrafts; auto, home equity, mortgage, business term, and business SBA loans; business lines of credit; credit cards; and online and mobile banking products and services.