OVBC ANNOUNCES CASH DIVIDEND

Rhea-AI Summary

Ohio Valley Banc Corp. (OVBC) has declared a cash dividend of $0.22 per common share, payable on Aug. 10, 2024, to shareholders of record as of July 26, 2024. Tom Wiseman, OVBC Chairman, expressed satisfaction with the company's performance in the first half of 2024, enabling this quarterly dividend. He emphasized their Community First mission and encouraged others to become shareholders.

OVBC, based in Gallipolis, Ohio, owns The Ohio Valley Bank Company with 17 offices in Ohio and West Virginia, and Loan Central, Inc., with six consumer finance offices in Ohio. The company continues to focus on community engagement and customer appreciation events.

Positive

• Declared cash dividend of $0.22 per common share
• Successful first half of 2024 performance
• Continued commitment to Community First mission
• Strong presence with 17 bank offices and 6 consumer finance offices

Negative

• None.

GALLIPOLIS, Ohio, July 16, 2024 /PRNewswire/ -- On Tuesday July 16, 2024, Ohio Valley Banc Corp. [Nasdaq: OVBC] Board of Directors declared a cash dividend of $0.22 per common share payable on Aug.10, 2024, to shareholders of record as of the close of business on July 26, 2024. 

"2024 with all its ups, downs and 90° heat is moving right along. Our dedicated group of community bankers have produced a successful first half of the year making it possible to declare another quarterly dividend. With the support of you, our loyal shareholders, we look forward to the next six months and the opportunities that lie ahead. We're invested in our Community First mission celebrating our customers with special events and working to make a positive impact in the communities we serve. We appreciate your ownership in this great company and would ask that you encourage others to buy into our Community First mission by becoming shareholders," Tom Wiseman, OVBC Chairman of the Board, said. 

Ohio Valley Banc Corp. is based in Gallipolis, Ohio. The company owns The Ohio Valley Bank Company, with 17 offices in Ohio and West Virginia, and Loan Central, Inc., with six consumer finance offices in Ohio. Learn more about Ohio Valley Banc Corp. at www.ovbc.com. 

Contact: Scott Shockey or Bryna Butler, 740-446-2631, 1-800-468-6682 

View original content:https://www.prnewswire.com/news-releases/ovbc-announces-cash-dividend-302198660.html

SOURCE Ohio Valley Banc Corp.

FAQ

What is the amount of OVBC's latest cash dividend?

Ohio Valley Banc Corp. (OVBC) has declared a cash dividend of $0.22 per common share.

When is the payment date for OVBC's latest dividend?

The cash dividend is payable on August 10, 2024.

What is the record date for OVBC's Q3 2024 dividend?

The record date for the dividend is July 26, 2024, at the close of business.

How many offices does Ohio Valley Bank Company operate?

The Ohio Valley Bank Company, owned by OVBC, operates 17 offices across Ohio and West Virginia.