Oak Valley Bancorp (NASDAQ:OVLY) declared a semiannual dividend on Friday, January 19th, Wall Street Journal reports. Stockholders of record on Monday, January 29th will be paid a dividend of 0.13 per share by the financial services provider on Friday, February 9th. This represents a dividend yield of 1.25%. The ex-dividend date of this dividend is Friday, January 26th. This is an increase from Oak Valley Bancorp’s previous semiannual dividend of $0.13.
Shares of Oak Valley Bancorp (NASDAQ:OVLY) traded down $1.46 on Friday, hitting $20.74. 12,009 shares of the stock traded hands, compared to its average volume of 10,731. Oak Valley Bancorp has a 12 month low of $12.71 and a 12 month high of $23.89. The company has a market capitalization of $173.72, a PE ratio of 17.14 and a beta of 0.07.
Oak Valley Bancorp (NASDAQ:OVLY) last announced its earnings results on Wednesday, October 18th. The financial services provider reported $0.31 EPS for the quarter. Oak Valley Bancorp had a net margin of 24.43% and a return on equity of 11.42%. The company had revenue of $9.90 million for the quarter.
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Oak Valley Bancorp is a bank holding company. The Company operates through its subsidiary, Oak Valley Community Bank (the Bank). The Bank operates in two primary business segments: Retail Banking and Commercial Banking. The Retail Banking segment offers a range of checking and savings accounts, including Negotiable Order of Withdrawal accounts, money market accounts, overdraft protection, health savings accounts, certificates of deposit and Individual Retirement Accounts.
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