Old Point Financial Corporation Declares Quarterly Dividend

Rhea-AI Summary

Old Point Financial Corporation has declared a quarterly cash dividend of $0.12 per share on its common stock, payable on March 26, 2021 to shareholders of record as of March 3, 2021. This dividend maintains the same amount as the previous quarter, resulting in a dividend yield of approximately 2.6% based on the stock's closing price of $18.60 on February 16, 2021. Old Point Financial serves the Hampton Roads region through Old Point National Bank and Old Point Trust & Financial Services.

Positive

• Quarterly cash dividend of $0.12 per share indicates consistent shareholder return.
• Dividend yield of approximately 2.6% reflects stable income for investors.

Negative

• None.

HAMPTON, Va., Feb. 17, 2021 /PRNewswire/ -- Old Point Financial Corporation declared a quarterly cash dividend of $0.12 per share on its common stock to be paid on March 26, 2021 to shareholders of record as of March 3, 2021. The dividend amount is the same as the prior quarter's dividend and based on the stock's closing price of $18.60 on February 16, 2021, the dividend yield is approximately 2.6%. 

ABOUT OLD POINT FINANCIAL CORPORATION
Old Point Financial Corporation (Nasdaq: OPOF) is the parent company of Old Point National Bank, a locally owned and managed community bank, and Old Point Trust & Financial Services, N.A., a wealth management services provider, serving the Hampton Roads, Virginia region. Additional information on the Company is available at www.OldPoint.com under "Investor Relations".

Contact:  Laura Wright, VP/Marketing Director, 757.728.1743

 

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SOURCE Old Point Financial Corporation

FAQ

What is the dividend amount declared by OPOF?

Old Point Financial Corporation declared a dividend of $0.12 per share.

When is the dividend payment date for OPOF?

The dividend payment date is March 26, 2021.

What is the dividend yield based on OPOF's recent dividend?

The dividend yield is approximately 2.6% based on a closing price of $18.60.

Who is eligible to receive the dividend from OPOF?

Shareholders of record as of March 3, 2021, are eligible to receive the dividend.