Ohio Valley Banc Corp. (NASDAQ:OVBC – Get Free Report) declared a quarterly dividend on Tuesday, July 14th. Shareholders of record on Friday, July 24th will be paid a dividend of 0.25 per share by the bank on Monday, August 10th. This represents a c) annualized dividend and a yield of 2.3%. The ex-dividend date is Friday, July 24th.
Ohio Valley Banc has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 3 consecutive years.
Ohio Valley Banc Price Performance
OVBC opened at $43.70 on Thursday. The company has a 50-day moving average of $46.05 and a 200-day moving average of $43.84. The company has a market capitalization of $205.83 million, a P/E ratio of 13.32 and a beta of 0.03. Ohio Valley Banc has a 1-year low of $31.61 and a 1-year high of $54.96. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.94 and a current ratio of 0.94.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings cut Ohio Valley Banc from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy”.
Get Our Latest Research Report on Ohio Valley Banc
Ohio Valley Banc Company Profile
Ohio Valley Banc Corp is a bank holding company headquartered in Wheeling, West Virginia, operating through its principal subsidiary, The Ohio Valley Bank. As a locally focused financial institution, the company delivers a range of banking and financial solutions designed to meet the needs of individual, small business and commercial clients across its service area.
Through its subsidiary, Ohio Valley Banc offers traditional banking products including checking and savings accounts, certificates of deposit and consumer and residential mortgage loans.
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