Ohio Valley Banc Corp. (OVBC) To Go Ex-Dividend on October 25th

Ohio Valley Banc Corp. (NASDAQ:OVBC) declared a quarterly dividend on Tuesday, October 15th, Zacks reports. Investors of record on Friday, October 25th will be paid a dividend of 0.22 per share by the bank on Sunday, November 10th. This represents a $0.88 annualized dividend and a dividend yield of 3.77%. The ex-dividend date is Friday, October 25th.

Ohio Valley Banc has decreased its dividend payment by an average of 8.2% annually over the last three years.

Ohio Valley Banc Trading Up 0.1 %

Shares of OVBC opened at $23.32 on Thursday. The stock has a market capitalization of $111.80 million, a P/E ratio of 9.68 and a beta of 0.03. Ohio Valley Banc has a twelve month low of $19.35 and a twelve month high of $25.50. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.35. The firm has a fifty day simple moving average of $23.97 and a two-hundred day simple moving average of $23.14.

Ohio Valley Banc (NASDAQ:OVBC) last posted its earnings results on Friday, July 26th. The bank reported $0.63 earnings per share for the quarter. The company had revenue of $14.66 million during the quarter. Ohio Valley Banc had a net margin of 13.72% and a return on equity of 7.85%.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Ohio Valley Banc in a research report on Thursday. They issued a “hold” rating on the stock.

Ohio Valley Banc Company Profile

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.