Old Point Financial Corporation Declares Quarterly Dividend

Rhea-AI Summary

Old Point Financial Corporation has declared a quarterly cash dividend of $0.13 per share, to be paid on December 30, 2021, for shareholders recorded by December 1, 2021. This dividend remains unchanged from the previous quarter and offers a yield of approximately 2.1%, based on the stock's closing price of $24.00 as of November 16, 2021.

Positive

• Quarterly dividend maintained at $0.13 per share.
• Dividend yield of approximately 2.1% reflects consistent shareholder income.

Negative

• None.

HAMPTON, Va., Nov. 17, 2021 /PRNewswire/ -- Old Point Financial Corporation declared a quarterly cash dividend of $0.13 per share on its common stock to be paid on December 30, 2021 to shareholders of record as of December 1, 2021. The dividend amount is the same as the prior quarter's dividend and based on the stock's closing price of $24.00 on November 16, 2021, the dividend yield is approximately 2.1%. 

ABOUT OLD POINT FINANCIAL CORPORATION
Old Point Financial Corporation (Nasdaq: OPOF) is the parent company of Old Point National Bank and Old Point Trust & Financial Services, N.A., which serve the Hampton Roads and Richmond regions of Virginia as well as operate a mortgage loan production office in Charlotte, North Carolina. Old Point National Bank is a locally owned and managed community bank which offers a wide range of financial services from checking, insurance, and mortgage products to comprehensive commercial lending and banking products and services. Old Point Trust is the largest wealth management services provider headquartered in Hampton Roads, Virginia, offering local asset management by experienced professionals. Additional information about the company is available at oldpoint.com.

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 Old Point Financial Corporation for December 2021?

The dividend amount declared is $0.13 per share.

What is the payment date for the quarterly dividend by Old Point Financial Corporation?

The payment date for the dividend is December 30, 2021.

What is the dividend yield based on Old Point Financial Corporation's stock price?

The dividend yield is approximately 2.1% based on a stock price of $24.00.

When is the record date for Old Point Financial Corporation's dividend?

The record date for the dividend is December 1, 2021.