Ohio Valley Banc Corp. (NASDAQ:OVBC) to Issue Quarterly Dividend of $0.25

Ohio Valley Banc Corp. (NASDAQ:OVBCGet Free Report) announced a quarterly dividend on Tuesday, July 14th. Stockholders of record on Friday, July 24th will be paid a dividend of 0.25 per share by the bank on Monday, August 10th. This represents a c) annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Friday, July 24th.

Ohio Valley Banc has raised its dividend by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 3 years.

Ohio Valley Banc Price Performance

OVBC stock opened at $43.19 on Wednesday. The business has a 50 day moving average price of $46.08 and a 200 day moving average price of $43.81. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.30. The stock has a market cap of $203.42 million, a price-to-earnings ratio of 13.17 and a beta of 0.03. Ohio Valley Banc has a fifty-two week low of $31.61 and a fifty-two week high of $54.96.

Ohio Valley Banc (NASDAQ:OVBCGet Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The bank reported $0.91 EPS for the quarter. Ohio Valley Banc had a net margin of 16.05% and a return on equity of 9.29%. The company had revenue of $18.18 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded shares of Ohio Valley Banc from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, June 23rd. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Ohio Valley Banc presently has a consensus rating of “Buy”.

Read Our Latest Analysis on OVBC

About Ohio Valley Banc

(Get Free Report)

Ohio Valley Banc Corp is a bank holding company headquartered in Wheeling, West Virginia, operating through its principal subsidiary, The Ohio Valley Bank. As a locally focused financial institution, the company delivers a range of banking and financial solutions designed to meet the needs of individual, small business and commercial clients across its service area.

Through its subsidiary, Ohio Valley Banc offers traditional banking products including checking and savings accounts, certificates of deposit and consumer and residential mortgage loans.

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Dividend History for Ohio Valley Banc (NASDAQ:OVBC)

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