Oak Valley Bancorp (OVLY) Raises Dividend to $0.13 Per Share

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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About Oak Valley Bancorp

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.

Dividend History for Oak Valley Bancorp (NASDAQ:OVLY)

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