Ohio Valley Banc Corp. (OVBC) to Issue Quarterly Dividend of $0.23 on February 10th

Ohio Valley Banc Corp. (NASDAQ:OVBC) announced a quarterly dividend on Tuesday, January 13th. Shareholders of record on Friday, January 23rd will be given a dividend of 0.23 per share by the bank on Tuesday, February 10th. This represents a c) dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, January 23rd.

Ohio Valley Banc has raised its dividend by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 3 years.

Ohio Valley Banc Price Performance

NASDAQ OVBC opened at $39.81 on Wednesday. Ohio Valley Banc has a 12-month low of $22.10 and a 12-month high of $42.00. The firm has a market capitalization of $187.51 million and a P/E ratio of 13.27. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.27. The firm’s fifty day simple moving average is $39.57 and its two-hundred day simple moving average is $37.04.

Ohio Valley Banc (NASDAQ:OVBC) last issued its earnings results on Friday, November 14th. The bank reported $0.64 EPS for the quarter. The firm had revenue of $16.35 million for the quarter. Ohio Valley Banc had a return on equity of 8.97% and a net margin of 14.97%.

About Ohio Valley Banc

Ohio Valley Banc Corp is a bank holding company headquartered in Wheeling, West Virginia, operating through its principal subsidiary, The Ohio Valley Bank. As a locally focused financial institution, the company delivers a range of banking and financial solutions designed to meet the needs of individual, small business and commercial clients across its service area.

Through its subsidiary, Ohio Valley Banc offers traditional banking products including checking and savings accounts, certificates of deposit and consumer and residential mortgage loans.