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Old Point Financial (NASDAQ:OPOF) declared a quarterly dividend on Friday, August 15th, American Banking News.com reports. Stockholders of record on Friday, August 29th will be given a dividend of 0.07 per share on Tuesday, September 30th. This represents a $0.28 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date of this dividend is Wednesday, August 27th. This is a boost from Old Point Financial’s previous quarterly dividend of $0.06.

Old Point Financial (NASDAQ:OPOF) traded down 0.83% during mid-day trading on Friday, hitting $15.00. 5,103 shares of the company’s stock traded hands. Old Point Financial has a 52-week low of $12.24 and a 52-week high of $18.00. The stock’s 50-day moving average is $15.31 and its 200-day moving average is $15.47. The company has a market cap of $74.4 million and a P/E ratio of 22.58.

Old Point Financial Corporation is a holding company that conducts substantially all of its operations through two subsidiaries: The Old Point National Bank of Phoebus (NASDAQ:OPOF) and Old Point Trust and Financial Services, N.

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