OVBC ANNOUNCES CASH DIVIDEND

Rhea-AI Summary

Ohio Valley Banc Corp. declares cash dividend of $0.22 per common share

Positive

• Ohio Valley Banc Corp. declares a cash dividend of $0.22 per common share payable on Nov. 10, 2023
• The dividend will be paid to shareholders of record as of Oct. 27, 2023
• The company expresses appreciation for the support of loyal shareholders
• The company remains focused on future challenges and opportunities

Negative

• None.

GALLIPOLIS, Ohio, Oct. 17, 2023 /PRNewswire/ -- On Tuesday Oct. 17, 2023, Ohio Valley Banc Corp. [Nasdaq: OVBC] Board of Directors declared a cash dividend of $0.22 per common share payable on Nov. 10, 2023, to shareholders of record as of the close of business on Oct. 27, 2023.

"Your company continues to navigate a challenging but productive 2023. Our bankers have been busy conducting customer appreciation events throughout our footprint and have contributed countless hours volunteering in their communities through our OVB IMPACT program. We appreciate the continued support of our loyal shareholders and will continue to work at rewarding that loyalty. Your company will remain focused on both the future challenges and opportunities as together we continue to pursue our Community First mission working hard to improve the communities we serve," 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-301959674.html

SOURCE Ohio Valley Banc Corp.

FAQ

What is the cash dividend declared by Ohio Valley Banc Corp.?

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

When will the cash dividend be paid to shareholders?

The cash dividend will be payable on Nov. 10, 2023.

Who will receive the cash dividend?

The cash dividend will be paid to shareholders of record as of Oct. 27, 2023.

What is the focus of Ohio Valley Banc Corp.?

Ohio Valley Banc Corp. remains focused on both future challenges and opportunities.