Oak Valley Bancorp (CA) (NASDAQ:OVLY) Plans Dividend of $0.38

Oak Valley Bancorp (CA) (NASDAQ:OVLY) declared a dividend on Tuesday, January 20th. Shareholders of record on Monday, February 2nd will be given a dividend of 0.375 per share by the financial services provider on Friday, February 13th. This represents a yield of 233.0%. The ex-dividend date of this dividend is Monday, February 2nd.

Oak Valley Bancorp has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 11 consecutive years.

Oak Valley Bancorp Stock Performance

Shares of NASDAQ OVLY opened at $31.95 on Friday. Oak Valley Bancorp has a 52-week low of $22.70 and a 52-week high of $32.87. The company’s 50 day moving average price is $30.06 and its 200-day moving average price is $28.58. The company has a market capitalization of $268.06 million, a P/E ratio of 11.09 and a beta of 0.26.

Oak Valley Bancorp (NASDAQ:OVLY) last released its earnings results on Monday, January 26th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter. Oak Valley Bancorp had a net margin of 25.28% and a return on equity of 12.64%. The business had revenue of $21.28 million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Oak Valley Bancorp in a research note on Monday, December 29th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Oak Valley Bancorp currently has an average rating of “Buy”.

Oak Valley Bancorp Company Profile

Oak Valley Bancorp is the bank holding company for Oak Valley Community Bank, a California-chartered commercial bank headquartered in Lodi, California. Through its subsidiary, the company offers a full suite of banking services tailored to individuals, businesses, agricultural enterprises and nonprofit organizations. Its product portfolio includes checking and savings accounts, money market instruments, certificates of deposit and individual retirement accounts, alongside digital banking tools such as mobile and online banking platforms.

On the lending side, Oak Valley Bancorp provides commercial real estate and construction loans, agricultural and farm real estate financing, equipment leases, SBA-initiated programs and lines of credit.