Ohio Valley Banc Corp. (NASDAQ:OVBC) Plans Quarterly Dividend of $0.23

Key Points

• Ohio Valley Banc Corp. has declared a quarterly dividend of $0.23 per share, set to be paid on November 10th to shareholders of record on October 31st.
• The bank reported a net margin of 14.81% and earnings per share (EPS) of $0.89 for its latest quarter, generating a revenue of $17.38 million.
• Ohio Valley Banc's stock is currently trading at $35.90, with a market cap of $169.12 million and a P/E ratio of 12.21.

Ohio Valley Banc Corp. (NASDAQ:OVBC - Get Free Report) declared a quarterly dividend on Tuesday, October 21st. Shareholders of record on Friday, October 31st will be given a dividend of 0.23 per share by the bank on Monday, November 10th. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, October 31st.

Ohio Valley Banc Price Performance

Ohio Valley Banc stock opened at $35.90 on Wednesday. Ohio Valley Banc has a 52 week low of $21.86 and a 52 week high of $40.99. The company's 50 day moving average price is $36.52 and its two-hundred day moving average price is $34.62. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.28. The stock has a market cap of $169.12 million, a P/E ratio of 12.21 and a beta of 0.05.

Ohio Valley Banc (NASDAQ:OVBC - Get Free Report) last posted its earnings results on Friday, July 25th. The bank reported $0.89 EPS for the quarter. Ohio Valley Banc had a net margin of 14.81% and a return on equity of 8.95%. The firm had revenue of $17.38 million for the quarter.

About Ohio Valley Banc

Ohio Valley Banc Corp. operates as the bank holding company for The Ohio Valley Bank Company that provides commercial and consumer banking products and services. The company operates in two segments, Banking and Consumer Finance. It accepts various deposit products, including checking, savings, time, and money market accounts, as well as individual retirement accounts, demand deposits, NOW accounts, and certificates of deposit.

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