Oak Ridge Financial Services, Inc. (OTCMKTS:BKOR) Raises Dividend to $0.12 Per Share

Oak Ridge Financial Services, Inc. (OTCMKTS:BKOR) declared a quarterly dividend on Tuesday, April 30th, NASDAQ reports. Shareholders of record on Thursday, May 23rd will be paid a dividend of 0.12 per share on Friday, June 7th. This represents a $0.48 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date is Wednesday, May 22nd. This is an increase from Oak Ridge Financial Services’s previous quarterly dividend of $0.10.

Oak Ridge Financial Services Stock Performance

Shares of Oak Ridge Financial Services stock opened at $17.00 on Thursday. Oak Ridge Financial Services has a one year low of $14.06 and a one year high of $18.40. The company has a market capitalization of $46.92 million, a PE ratio of 7.98 and a beta of 0.33. The company has a 50-day simple moving average of $17.50 and a two-hundred day simple moving average of $16.60.

Oak Ridge Financial Services (OTCMKTS:BKOR) last issued its quarterly earnings results on Tuesday, April 30th. The company reported $0.50 earnings per share for the quarter. The business had revenue of $6.41 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.