Ohio Valley Banc Corp. (NASDAQ:OVBC – Get Free Report) announced a quarterly dividend on Tuesday, January 14th,RTT News reports. Stockholders of record on Friday, January 24th will be given a dividend of 0.22 per share by the bank on Monday, February 10th. This represents a $0.88 annualized dividend and a dividend yield of 3.83%.
Ohio Valley Banc has raised its dividend by an average of 1.6% annually over the last three years.
Ohio Valley Banc Stock Down 1.5 %
Shares of NASDAQ:OVBC traded down $0.34 during midday trading on Tuesday, hitting $22.95. 3,300 shares of the company’s stock were exchanged, compared to its average volume of 4,012. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.89 and a quick ratio of 0.89. The stock has a 50 day moving average price of $25.47 and a 200-day moving average price of $24.07. The company has a market cap of $108.12 million, a PE ratio of 9.29 and a beta of 0.08. Ohio Valley Banc has a 12 month low of $19.35 and a 12 month high of $28.00.
Wall Street Analysts Forecast Growth
Separately, StockNews.com initiated coverage on shares of Ohio Valley Banc in a research report on Monday. They issued a “hold” rating for the company.
View Our Latest Stock Report on Ohio Valley Banc
About Ohio Valley Banc
Ohio Valley Banc Corp. operates as the bank holding company for The Ohio Valley Bank Company that provides commercial and consumer banking products and services. The company operates in two segments, Banking and Consumer Finance. It accepts various deposit products, including checking, savings, time, and money market accounts, as well as individual retirement accounts, demand deposits, NOW accounts, and certificates of deposit.
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