Oak Ridge Financial Services Inc. Announces Dividend of $0.14 (OTCMKTS:BKOR)

Key Points

• Oak Ridge Financial Services Inc. announced a dividend of $0.14 per share, scheduled for payment on September 3rd to stockholders of record by August 20th, resulting in a significant dividend yield of 229.0%.
• The company reported earnings of $0.81 per share and revenue of $8.02 million in its most recent quarterly earnings, indicating strong financial performance.
• As of the latest trading data, the stock opened at $24.49 with a market capitalization of $67.35 million and a PE ratio of 9.88, reflecting a steady market position.

Oak Ridge Financial Services Inc. (OTCMKTS:BKOR - Get Free Report) declared a dividend on Saturday, August 16th, investing.com reports. Stockholders of record on Wednesday, August 20th will be paid a dividend of 0.14 per share on Wednesday, September 3rd. This represents a dividend yield of 229.0%. The ex-dividend date is Tuesday, August 19th.

Oak Ridge Financial Services Trading Up 2.0%

OTCMKTS:BKOR opened at $24.49 on Friday. Oak Ridge Financial Services has a 1-year low of $17.60 and a 1-year high of $24.49. The firm has a fifty day simple moving average of $22.35 and a 200 day simple moving average of $21.58. The stock has a market capitalization of $67.35 million, a PE ratio of 9.88 and a beta of 0.17.

Oak Ridge Financial Services (OTCMKTS:BKOR - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The company reported $0.81 earnings per share (EPS) for the quarter. The business had revenue of $8.02 million for the quarter.

About Oak Ridge Financial Services

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.

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