Old Point Financial Corporation Declares Quarterly Dividend

Rhea-AI Summary

On May 20, 2021, Old Point Financial Corporation announced a quarterly cash dividend of $0.12 per share on its common stock. The dividend will be paid on June 25, 2021, to shareholders of record as of June 2, 2021. This payout aligns with the previous quarter's dividend, resulting in a dividend yield of approximately 2.1% based on a closing stock price of $22.60 on May 19, 2021.

Positive

• Quarterly dividend remains stable at $0.12 per share.
• Dividend yield of approximately 2.1% is attractive for investors.

Negative

• None.

HAMPTON, Va., May 20, 2021 /PRNewswire/ -- Old Point Financial Corporation declared a quarterly cash dividend of $0.12 per share on its common stock to be paid on June 25, 2021 to shareholders of record as of June 2, 2021. The dividend amount is the same as the prior quarter's dividend and based on the stock's closing price of $22.60 on May 19, 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, 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

When will Old Point Financial Corporation pay its next dividend?

The next dividend will be paid on June 25, 2021.

What is the amount of the dividend declared by OPOF?

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

What is the dividend yield for OPOF based on the latest closing price?

The dividend yield is approximately 2.1% based on a closing price of $22.60.

Who qualifies for the OPOF dividend payment?

Shareholders of record as of June 2, 2021, will qualify for the dividend payment.