Old Point Financial Corporation Declares Quarterly Dividend

HAMPTON, Va., Nov. 21, 2019 /PRNewswire/ --Old Point Financial Corporation declared a quarterly cash dividend of $0.12 per share on its common stock to be paid on December 27, 2019 to shareholders of record as of December 3, 2019.

Metadata

Provider:

PR Newswire

Retrieved on:

Thursday, November 21, 2019

Information

Tags:

Dividends, Corporate finance, Finance, Financial ratios, Shareholders, Financial markets, Special dividend, Ex-dividend date

Geotags:

Virginia

Organisation:

OLD POINT FINANCIAL CORPORATION

Website:

http://www.oldpoint.com

Summary

Key Points:

HAMPTON, Va., Nov. 21, 2019 /PRNewswire/ --Old Point Financial Corporation declared a quarterly cash dividend of $0.12 per share on its common stock to be paid on December 27, 2019 to shareholders of record as of December 3, 2019.
The dividend amount is the same as the prior quarter's dividend and is a $.01 per share, or 9.1%, increase from the prior year's quarterly dividend level.
Based on the stock's closing price of $28.79 on November 20, 2019, the dividend yield is approximately 1.7%.
Old Point Financial Corporation (Nasdaq: OPOF)is theparent company of Old Point National Bank, a locally owned and managed community bank, and Old Point Trust & Financial Services, N.A., awealth management services provider, serving the Hampton Roads, Virginia region.Additional information on the Company is available at www.OldPoint.com under "Investor Relations".

Old Point Financial Corporation Declares Quarterly Dividend

HAMPTON, Va., Nov. 21, 2019 /PRNewswire/ -- Old Point Financial Corporation declared a quarterly cash dividend of $0.12 per share on its common stock to be paid on December 27, 2019 to shareholders of record as of December 3, 2019. The dividend amount is the same as the prior quarter's dividend and is a $.01 per share, or 9.1%, increase from the prior year's quarterly dividend level. Based on the stock's closing price of $28.79 on November 20, 2019, the dividend yield is approximately 1.7%.

ABOUT OLD POINT FINANCIAL CORPORATION

Old Point Financial Corporation (Nasdaq: OPOF) is the parent company of Old Point National Bank, a locally owned and managed community bank, and Old Point Trust & Financial Services, N.A., a wealth management services provider, serving the Hampton Roads, Virginia region. Additional information on the Company is available at www.OldPoint.com under "Investor Relations".

Contact: Laura Wright, VP/Marketing Director, 757.728.1743

Old Point Financial Corporation ("OPOF" - Nasdaq) is the parent company of The Old Point National Bank of Phoebus, a locally owned and managed community bank serving all of Hampton Roads and Old Point Trust & Financial Services, N.A., a Hampton Roads wealth management services provider. www.oldpoint.com

View original content to download multimedia:http://www.prnewswire.com/news-releases/old-point-financial-corporation-declares-quarterly-dividend-300963416.html

SOURCE Old Point Financial Corporation