Old Point Financial Co. (NASDAQ:OPOF) Plans $0.14 Quarterly Dividend

Posted by Brian Himes on Feb 20th, 2025

Old Point Financial Co. (NASDAQ:OPOF – Get Free Report) announced a quarterly dividend on Wednesday, February 19th,RTT News reports. Stockholders of record on Wednesday, March 5th will be paid a dividend of 0.14 per share by the bank on Friday, March 28th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.87%.

Old Point Financial has increased its dividend by an average of 3.9% annually over the last three years.

Old Point Financial Stock Up 0.7 %

Shares of Old Point Financial stock opened at $29.94 on Thursday. Old Point Financial has a 1 year low of $13.49 and a 1 year high of $29.92. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.92 and a quick ratio of 0.92. The company has a 50-day moving average of $25.43 and a 200 day moving average of $21.63. The firm has a market cap of $152.10 million, a price-to-earnings ratio of 15.93 and a beta of 0.26.

Old Point Financial (NASDAQ:OPOF – Get Free Report) last announced its earnings results on Thursday, January 30th. The bank reported $0.57 earnings per share for the quarter. Old Point Financial had a net margin of 11.08% and a return on equity of 8.56%.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on Old Point Financial in a report on Saturday, February 15th. They issued a “hold” rating on the stock.

Check Out Our Latest Stock Analysis on Old Point Financial

Old Point Financial Company Profile

(Get Free Report)

Old Point Financial Corporation operates as the bank holding company for The Old Point National Bank of Phoebus that provides consumer, mortgage, and business banking services for individual and commercial customers in Virginia. It offers deposit products, including interest-bearing transaction accounts, money market deposit accounts, savings accounts, time deposits, and demand deposits.