OHIO VALLEY BANC CORP DECLARES $0.21 CASH DIVIDEND PER SHARE
Ticker: OVBC · Form: 8-K · Filed: Jan 16, 2024
Sentiment: bullish
Topics: dividend, cash-dividend, shareholder-return
TL;DR
**OVBC declared a $0.21 cash dividend payable Feb 10 to shareholders of record Jan 29.**
AI Summary
Ohio Valley Banc Corp. (OVBC) announced on January 16, 2024, that it will pay a cash dividend of $0.21 per common share. Shareholders of record as of January 29, 2024, will receive this dividend, which is scheduled to be paid on February 10, 2024. This matters to investors because it signals the company's financial stability and commitment to returning value to shareholders, potentially making the stock more attractive to income-focused investors.
Why It Matters
This dividend declaration provides a direct return on investment for shareholders and indicates the company's confidence in its financial health and future earnings capacity.
Risk Assessment
Risk Level: low — A dividend declaration is generally a positive event, indicating financial stability rather than risk.
Analyst Insight
A smart investor might consider this dividend as a positive signal of the company's financial health and evaluate OVBC for its income-generating potential, especially if they are looking for stable, dividend-paying stocks.
Key Numbers
- $0.21 — Cash Dividend Per Share (The amount shareholders will receive for each common share.)
Key Players & Entities
- OHIO VALLEY BANC CORP (company) — the registrant declaring the dividend
- $0.21 (dollar_amount) — the cash dividend per common share
- January 16, 2024 (date) — date of earliest event reported/declaration date
- January 29, 2024 (date) — record date for the dividend
- February 10, 2024 (date) — payment date for the dividend
Forward-Looking Statements
- Ohio Valley Banc Corp. will continue its dividend payments in the near future. (OHIO VALLEY BANC CORP) — medium confidence, target: Q2 2024
FAQ
What is the specific amount of the cash dividend declared by Ohio Valley Banc Corp.?
Ohio Valley Banc Corp. declared a cash dividend of $0.21 per common share, as stated in the filing.
When was the dividend declared, or what is the 'Date of Earliest Event Reported'?
The 'Date of Earliest Event Reported' for this dividend declaration is January 16, 2024, according to the filing.
What is the record date for shareholders to be eligible for this dividend?
Shareholders must be of record as of January 29, 2024, to be eligible for this dividend, as indicated in the filing.
When is the dividend scheduled to be paid to eligible shareholders?
The dividend is scheduled to be paid on February 10, 2024, as per the filing.
What is the trading symbol for Ohio Valley Banc Corp. and on which exchange is it registered?
Ohio Valley Banc Corp.'s common shares trade under the symbol OVBC on NASDAQ, as listed in the 'Securities registered pursuant to Section 12(b) of the Act' section.
Filing Stats: 404 words · 2 min read · ~1 pages · Grade level 11 · Accepted 2024-01-16 15:19:52
Key Financial Figures
- $0.22 — . declared a quarterly cash dividend of $0.22 per share on its common shares, payable
Filing Documents
- sec8kdividend011624.htm (8-K) — 20KB
- 0000894671-24-000001.txt ( ) — 153KB
- ovbc-20240116.xsd (EX-101.SCH) — 4KB
- ovbc-20240116_lab.xml (EX-101.LAB) — 22KB
- ovbc-20240116_pre.xml (EX-101.PRE) — 16KB
- sec8kdividend011624_htm.xml (XML) — 4KB
01. Other Events
Item 8.01. Other Events On January 16, 2024, the Board of Directors of Ohio Valley Banc Corp. declared a quarterly cash dividend of $0.22 per share on its common shares, payable on February 10, 2024 to shareholders of record on January 26, 2024.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. OHIO VALLEY BANC CORP. Date: January 16, 2024 By: /s/Larry E. Miller Larry E. Miller President and Chief Executive Officer