Oak Valley Bancorp (CA) (NASDAQ:OVLY) Plans $0.38 Dividend

Oak Valley Bancorp (CA) (NASDAQ:OVLY) declared a dividend on Wednesday, July 22nd. Shareholders of record on Monday, August 3rd will be given a dividend of 0.375 per share by the financial services provider on Friday, August 14th. This represents a yield of 228.0%. The ex-dividend date is Monday, August 3rd.

Oak Valley Bancorp has raised its dividend payment by an average of 0.2%per year over the last three years and has increased its dividend every year for the last 11 years.

Oak Valley Bancorp Price Performance

Shares of OVLY opened at $32.93 on Thursday. Oak Valley Bancorp has a 12 month low of $25.41 and a 12 month high of $35.97. The stock’s 50-day moving average is $33.65 and its two-hundred day moving average is $32.97. The stock has a market cap of $276.94 million, a PE ratio of 11.43 and a beta of 0.21.

Oak Valley Bancorp (NASDAQ:OVLY) last posted its earnings results on Wednesday, July 22nd. The financial services provider reported $0.61 earnings per share (EPS) for the quarter. Oak Valley Bancorp had a return on equity of 11.99% and a net margin of 24.80%.

About Oak Valley Bancorp

Oak Valley Bancorp is the bank holding company for Oak Valley Community Bank, a California-chartered commercial bank headquartered in Lodi, California. Through its subsidiary, the company offers a full suite of banking services tailored to individuals, businesses, agricultural enterprises and nonprofit organizations. Its product portfolio includes checking and savings accounts, money market instruments, certificates of deposit and individual retirement accounts, alongside digital banking tools such as mobile and online banking platforms.

On the lending side, Oak Valley Bancorp provides commercial real estate and construction loans, agricultural and farm real estate financing, equipment leases, SBA-initiated programs and lines of credit.