Ohio Valley Banc Corp. operates as the bank holding company for The Ohio Valley Bank Company that provides commercial and consumer banking products and services. The company operates in two segments, Banking and Consumer Finance. It accepts various deposit products, including checking, savings, time, and money market accounts, as well as individual retirement accounts, demand deposits, NOW accounts, and certificates of deposit. The company also provides various residential real estate loans, including one-to four-family residential mortgages; commercial loans for securing equipment, inventory, stock, commercial real estate, and rental property; and consumer loans secured by automobiles, mobile homes, recreational vehicles, and other personal property, as well as personal loans, unsecured credit card receivables, floor plan and student loans, and construction loans. In addition, it offers safe deposit boxes, wire transfers, credit card services, and Internet banking services; and financial management online services, such as cash management and news updates related to repossession auctions, current rates, and general bank news. Further, the company provides automatic teller machine (ATM) services, consumer finance, seasonal tax preparation services, and commercial property and various liability insurance services, as well as trust and online-only consumer direct mortgage services. It operates sixteen offices in Ohio and West Virginia; and six consumer finance offices in Ohio. The company owns and operates thirty- six ATMs, including twenty off-site ATMs. Ohio Valley Banc Corp. was founded in 1872 and is headquartered in Gallipolis, Ohio.
Ohio Valley Banc Dividend Announcement
• Ohio Valley Banc announced a quarterly dividend of $0.22 per ordinary share which will be made payable on 2024-11-10. Ex dividend date: 2024-10-25
• Ohio Valley Banc annual dividend for 2024 was $0.88
• Ohio Valley Banc annual dividend for 2023 was $1.02
• Ohio Valley Banc's trailing twelve-month (TTM) dividend yield is 4.47%
• Ohio Valley Banc's payout ratio for the trailing twelve months (TTM) is 35.94%
• Ohio Valley Banc's dividend growth over the last five years (2018-2023) was 3.96% year
• Ohio Valley Banc's dividend growth over the last ten years (2013-2023) was 3.40% year
Ohio Valley Banc Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-25 | $0.22 | quarterly | 2024-11-10 |
2024-07-26 | $0.22 | quarterly | 2024-08-10 |
2024-04-25 | $0.22 | quarterly | 2024-05-10 |
2024-01-25 | $0.22 | quarterly | 2024-02-10 |
2023-10-26 | $0.22 | quarterly | 2023-11-10 |
2023-07-27 | $0.22 | quarterly | 2023-08-10 |
2023-05-26 | $0.15 | quarterly | 2023-06-10 |
2023-04-27 | $0.22 | quarterly | 2023-05-10 |
2023-01-26 | $0.21 | quarterly | 2023-02-10 |
2022-10-27 | $0.21 | quarterly | 2022-11-10 |
2022-07-28 | $0.21 | quarterly | 2022-08-10 |
2022-05-27 | $0.15 | quarterly | 2022-06-10 |
2022-04-28 | $0.21 | quarterly | 2022-05-10 |
2022-01-27 | $0.21 | quarterly | 2022-02-10 |
2021-10-28 | $0.21 | quarterly | 2021-11-10 |
2021-07-29 | $0.21 | quarterly | 2021-08-10 |
2021-04-29 | $0.21 | quarterly | 2021-05-10 |
2021-01-28 | $0.21 | quarterly | 2021-02-10 |
2020-10-29 | $0.21 | quarterly | 2020-11-10 |
2020-07-30 | $0.21 | quarterly | 2020-08-10 |
2020-04-23 | $0.21 | quarterly | 2020-05-10 |
2020-01-23 | $0.21 | quarterly | 2020-02-10 |
2019-10-24 | $0.21 | quarterly | 2019-11-10 |
2019-07-25 | $0.21 | quarterly | 2019-08-10 |
2019-04-25 | $0.21 | quarterly | 2019-05-10 |
2019-01-24 | $0.21 | quarterly | 2019-02-10 |
2018-10-25 | $0.21 | quarterly | 2018-11-10 |
2018-07-26 | $0.21 | quarterly | 2018-08-10 |
2018-04-26 | $0.21 | quarterly | 2018-05-10 |
2018-01-25 | $0.21 | quarterly | 2018-02-10 |
2017-10-26 | $0.21 | quarterly | 2017-11-10 |
2017-07-26 | $0.21 | quarterly | 2017-08-10 |
2017-04-26 | $0.21 | quarterly | 2017-05-10 |
2017-01-25 | $0.21 | quarterly | 2017-02-10 |
2016-10-26 | $0.21 | quarterly | 2016-11-10 |
2016-07-27 | $0.21 | quarterly | 2016-08-10 |
2016-04-27 | $0.21 | quarterly | 2016-05-10 |
2016-01-27 | $0.21 | quarterly | 2016-02-10 |
2015-10-28 | $0.21 | quarterly | 2015-11-10 |
2015-07-29 | $0.21 | quarterly | 2015-08-10 |
2015-05-21 | $0.05 | quarterly | 2015-06-10 |
2015-04-29 | $0.21 | quarterly | 2015-05-10 |
2015-01-28 | $0.21 | quarterly | 2015-02-10 |
2014-10-29 | $0.21 | quarterly | 2014-11-10 |
2014-07-30 | $0.21 | quarterly | 2014-08-10 |
2014-04-30 | $0.21 | quarterly | 2014-05-10 |
2014-01-29 | $0.21 | quarterly | 2014-02-10 |
2013-10-23 | $0.21 | quarterly | 2013-11-10 |
2013-07-24 | $0.21 | quarterly | 2013-08-10 |
2013-04-24 | $0.21 | quarterly | 2013-05-10 |
2013-02-13 | $0.10 | quarterly | 2013-03-01 |
Ohio Valley Banc Dividend per year
Ohio Valley Banc Dividend growth
Ohio Valley Banc Dividend Yield
Ohio Valley Banc current trailing twelve-month (TTM) dividend yield is 4.47%. Interested in purchasing Ohio Valley Banc stock? Use our calculator to estimate your expected dividend yield:
Ohio Valley Banc Financial Ratios
Ohio Valley Banc Dividend FAQ
Other factors to consider when evaluating Ohio Valley Banc as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Ohio Valley Banc's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Ohio Valley Banc publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Ohio Valley Banc distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Ohio Valley Banc are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Ohio Valley Banc sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Ohio Valley Banc distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ohio Valley Banc declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Ohio Valley Banc's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Ohio Valley Banc's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.