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

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. Investors of record on Wednesday, August 20th will be given a dividend of 0.14 per share on Wednesday, September 3rd. This represents a yield of 229.0%. The ex-dividend date is Tuesday, August 19th.

Oak Ridge Financial Services Stock Performance

Shares of BKOR traded up $0.51 during mid-day trading on Thursday, hitting $25.00. 2,000 shares of the stock were exchanged, compared to its average volume of 387. The company has a market cap of $68.75 million, a PE ratio of 10.08 and a beta of 0.17. Oak Ridge Financial Services has a 52-week low of $17.60 and a 52-week high of $25.50. The firm has a 50-day moving average of $22.55 and a two-hundred day moving average of $21.66.

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