OVBC dividend – Ohio Valley Banc Corporation Announces 0.21 Cash Dividend
January 19, 2023
Dividends Yield
OVBC dividend – On January 18 2023, Ohio Valley Banc ($NASDAQ:OVBC) Corporation (OVBC) announced a 0.21 USD cash dividend per share. OVBC has issued an annual dividend per share of 0.84 USD for the past 3 years and its dividend yield ranged from 2.87% to 3.41%, with an average of 3.16%. Ohio Valley Banc Corporation is a financial holding company that provides banking services in Ohio and West Virginia. The company’s banking services include personal and commercial banking, loan origination, and various other financial services. It also provides wealth management services and investments such as mutual funds, stocks, and bonds. If you are interested in dividend stocks, OHIO VALLEY BANC should be added to your list of considerations with an ex-dividend date of January 26 2023.
OVBC does not pay a regular quarterly dividend, so an investor must hold the stock for a full year to receive the full dividend payout. This makes it a great long-term investment option for those looking to benefit from steady dividend payments over time. This makes it a reliable dividend payer with plenty of room to increase the dividend if necessary. The company’s stock price has also been steadily increasing over the last year, making it a great long-term buy-and-hold investment. All in all, OHIO VALLEY BANC is an attractive option for investors looking for steady dividend payments over time. With its low payout ratio and steady stock price appreciation, it is sure to be a profitable investment for those with patience.
Price History
This is the first dividend of the year for the company, and was declared by the board of directors. The announcement came a day after the company’s stock opened at $26.2 and closed at $26.1, representing a 0.1% increase from its previous closing price of $26.0. With the announcement of the dividend, Ohio Valley Banc Corporation is showing its commitment to providing value to shareholders. Investors who are looking for steady income streams should consider adding this stock to their portfolios.
Additionally, given the increase in net income, the stock may be a good long-term investment option. With its commitment to long-term shareholder value and its strong financial results, Ohio Valley Banc Corporation is a great option for investors looking for a reliable dividend-paying stock. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for OVBC. More…
| Total Revenues | Net Income | Net Margin |
| – | 12.12 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for OVBC. More…
| Operations | Investing | Financing |
| 13.14 | -52.35 | 52.95 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for OVBC. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.25k | 1.12k | – |
Key Ratios Snapshot
Some of the financial key ratios for OVBC are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -1.1% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
VI Analysis – OVBC Intrinsic Value Calculator
Ohio Valley Banc’s fundamentals are easily analyzed with the help of the VI app. The VI Line calculations reveal that the fair value of Ohio Valley Banc’s shares is around $26.0. Currently, the stock is trading at $26.1, making it a fair price. Investors can get a comprehensive view of the company’s prospects by looking at its financials and other key metrics such as profitability, liquidity, and growth. Analyzing Ohio Valley Banc’s fundamentals can help investors to determine its long-term potential. By looking at Ohio Valley Banc’s balance sheet, investors can understand the company’s ability to meet its short-term debt obligations and its long-term solvency. Investors can also assess the company’s liquidity position and its ability to generate cash flows. Additionally, investors can get an idea of the company’s growth potential by looking at its revenue and earnings trends. Investors can also use the VI Line to measure Ohio Valley Banc’s equity value relative to peers in the industry. This can help them to get an idea of how attractive the stock is relative to competitors. Overall, analyzing Ohio Valley Banc’s fundamentals can provide investors with a better understanding of its long-term potential and help them to make informed decisions when it comes to investing in the company. More…
VI Peers
The Bank provides commercial banking services to retail and small business customers in southeastern Ohio and northern West Virginia. The Bank’s primary competitors are MVB Financial Corp, Uwharrie Capital Corp, and Blue Ridge Bankshares Inc.
– MVB Financial Corp ($NASDAQ:MVBF)
MVB Financial Corp is a bank holding company that was founded in 1984 and is headquartered in Fairmont, West Virginia. As of 2022, the company had a market capitalization of 307.18 million. The company operates through its subsidiaries, MVB Bank, Inc. and Mountain State Insurance Agency, Inc.
MVB Bank, Inc. is a full-service community bank that offers a range of personal and business banking products and services. These include checking and savings accounts, loans, credit cards, and more. The bank has branches in West Virginia, Virginia, and Maryland.
Mountain State Insurance Agency, Inc. is an insurance agency that offers a range of insurance products, including home, auto, and life insurance. The agency has offices in West Virginia and Virginia.
– Uwharrie Capital Corp ($OTCPK:UWHR)
Uwharrie Capital Corp is a financial holding company that provides banking and other financial services to individuals and businesses in North Carolina, South Carolina, and Virginia through its subsidiary, Uwharrie Bank. As of 2022, the company had a market cap of 50.13 million.
Uwharrie Capital Corp was founded in 1999 and is headquartered in Albemarle, NC.
– Blue Ridge Bankshares Inc ($NYSEAM:BRBS)
As of 2022, Blue Ridge Bankshares Inc has a market cap of 251.61M. The company is a bank holding company that operates through its subsidiaries, which provide a full range of banking and financial services to customers in Virginia and North Carolina. These services include personal and business checking and savings accounts, loans, credit cards, and investment services.
Summary
OHIO VALLEY BANC is a dividend stock worth considering for your portfolio. It has issued a steady annual dividend per share of 0.84 USD for the past 3 years and its dividend yield has ranged from 2.87% to 3.41%, with an average of 3.16%. This makes it an attractive option for investors who are looking for consistent returns from dividend payments. Furthermore, the ex-dividend date for OHIO VALLEY BANC is January 26 2023, providing ample time for investors to consider the stock. Investors should also take into account the company’s financials and other factors such as its management team and industry performance before making a decision on whether to invest in this stock.
Additionally, it is important to consider the risk associated with investing in any stock and to make sure that the expected return is commensurate with the level of risk taken. Overall, OHIO VALLEY BANC appears to be a good option for dividend investors who are looking for consistent income and potential capital appreciation over the long-term. By researching the company’s financials, management team and industry performance, investors can make an informed decision about whether this stock fits their investment objectives.
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