Oak Ridge Financial Services (OTCMKTS:BKOR - Get Free Report) posted its quarterly earnings results on Monday. The company reported $0.81 earnings per share for the quarter, Zacks reports. The business had revenue of $8.02 million during the quarter.
Oak Ridge Financial Services Price Performance
Shares of BKOR remained flat at $23.50 during midday trading on Wednesday. The stock had a trading volume of 950 shares, compared to its average volume of 333. The firm has a fifty day simple moving average of $21.97 and a 200-day simple moving average of $21.42. Oak Ridge Financial Services has a twelve month low of $17.60 and a twelve month high of $23.51. The stock has a market cap of $64.58 million, a P/E ratio of 9.48 and a beta of 0.17.
Oak Ridge Financial Services Increases Dividend
The company also recently announced a dividend, which was paid on Monday, June 9th. Stockholders of record on Monday, May 26th were given a dividend of $0.14 per share. This represents a dividend yield of 258.0%. This is an increase from Oak Ridge Financial Services's previous dividend of $0.08. The ex-dividend date was Friday, May 23rd. Oak Ridge Financial Services's payout ratio is presently 22.58%.
About Oak Ridge Financial Services
(
Get Free Report)
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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