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Old Point Financial Corporation operates as the bank holding company for The Old Point National Bank of Phoebus that provides consumer, mortgage, and business banking services for individual and commercial customers in Virginia. The company offers deposit products, including interest-bearing transaction accounts, money market deposit accounts, savings accounts, time deposits, and demand deposits. It also provides real estate construction, commercial, and mortgage loans, such as residential 1-4 family mortgages, multi-family and second mortgages, and equity lines of credit; and other loans, as well as cash management services. In addition, the company offers retirement planning, estate planning, financial planning, estate and trust administration, retirement plan administration, tax, and investment management services; and insurance products and wealth management services. It operates 14 branches in the Hampton Roads localities of Hampton, Newport News, Norfolk, Virginia Beach, Chesapeake, Williamsburg/James City County, York County, and Isle of Wight County; a loan production office in Richmond, Virginia; and a mortgage loan origination office in Charlotte, North Carolina. The company was founded in 1922 and is headquartered in Hampton, Virginia.

Old Point Financial Dividend Announcement

Old Point Financial announced a quarterly dividend of $0.14 per ordinary share which will be made payable on 2024-12-27. Ex dividend date: 2024-12-04
Old Point Financial annual dividend for 2024 was $0.56
Old Point Financial annual dividend for 2023 was $0.56
Old Point Financial's trailing twelve-month (TTM) dividend yield is 2.57%
Old Point Financial's payout ratio for the trailing twelve months (TTM) is 34.93%
Old Point Financial's dividend growth over the last five years (2018-2023) was 4.94% year
Old Point Financial's dividend growth over the last ten years (2013-2023) was 9.79% year

Old Point Financial Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-12-04$0.14quarterly2024-12-27
2024-09-04$0.14quarterly2024-09-27
2024-06-05$0.14quarterly2024-06-28
2024-03-05$0.14quarterly2024-03-29
2023-12-05$0.14quarterly2023-12-29
2023-09-05$0.14quarterly2023-09-29
2023-06-06$0.14quarterly2023-06-30
2023-03-07$0.14quarterly2023-03-31
2022-12-06$0.13quarterly2022-12-30
2022-09-06$0.13quarterly2022-09-30
2022-05-31$0.13quarterly2022-06-24
2022-03-01$0.13quarterly2022-03-25
2021-11-30$0.13quarterly2021-12-30
2021-08-31$0.13quarterly2021-09-24
2021-06-01$0.12quarterly2021-06-25
2021-03-02$0.12quarterly2021-03-26
2020-12-01$0.12quarterly2020-12-28
2020-09-01$0.12quarterly2020-09-25
2020-06-02$0.12quarterly2020-06-26
2020-03-03$0.12quarterly2020-03-27
2019-12-02$0.12quarterly2019-12-27
2019-08-30$0.12quarterly2019-09-27
2019-06-03$0.12quarterly2019-06-28
2019-03-04$0.12quarterly2019-03-29
2018-12-03$0.11quarterly2018-12-28
2018-08-30$0.11quarterly2018-09-28
2018-05-30$0.11quarterly2018-06-29
2018-02-27$0.11quarterly2018-03-30
2017-11-29$0.11quarterly2017-12-29
2017-08-29$0.11quarterly2017-09-29
2017-05-26$0.11quarterly2017-06-30
2017-02-24$0.11quarterly2017-03-31
2016-11-28$0.10quarterly2016-12-30
2016-08-29$0.10quarterly2016-09-30
2016-05-26$0.10quarterly2016-06-30
2016-02-25$0.10quarterly2016-03-31
2015-11-25$0.09quarterly2015-12-31
2015-08-27$0.09quarterly2015-09-30
2015-05-27$0.08quarterly2015-06-30
2015-02-25$0.08quarterly2015-03-31
2014-11-25$0.07quarterly2014-12-31
2014-08-27$0.07quarterly2014-09-30
2014-05-28$0.06quarterly2014-06-30
2014-02-26$0.06quarterly2014-03-31
2013-11-26$0.06quarterly2013-12-31
2013-08-28$0.06quarterly2013-09-30
2013-05-29$0.05quarterly2013-06-28
2013-02-26$0.05quarterly2013-03-29

Old Point Financial Dividend per year

Old Point Financial Dividend growth

Old Point Financial Dividend Yield

Old Point Financial current trailing twelve-month (TTM) dividend yield is 2.57%. Interested in purchasing Old Point Financial stock? Use our calculator to estimate your expected dividend yield:

Old Point Financial Financial Ratios

P/E ratio13.66
PEG ratio-0.64
P/B ratio0.96
ROE7.38%
Payout ratio34.93%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Old Point Financial Dividend FAQ

How much is the next Old Point Financial dividend?
Old Point Financial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Old Point Financial dividend. The next Old Point Financial dividend will be released in March, June, September, or December.
When is Old Point Financial dividend paid?
Old Point Financial pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Old Point Financial pay?
The specific amount of Old Point Financial dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Old Point Financial's dividend history.
Does Old Point Financial stock pay dividends?
Yes, Old Point Financial does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Old Point Financial's dividend history.
How much dividend does Old Point Financial pay?
Old Point Financial paid $0.56 in 2024, $0.56 in 2023, $0.52 in 2022, $0.5 in 2021, and $0.48 in 2020.
How often does Old Point Financial pay dividends?
Old Point Financial typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Old Point Financial's dividend yield?
The current dividend yield for Old Point Financial is 2.57%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Old Point Financial's exact dividend yield.
When does Old Point Financial go ex dividend?
Old Point Financial's ex-dividend date for the latest dividend was on 2024-12-04. Old Point Financial typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Old Point Financial dividend paid?
Old Point Financial pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Old Point Financial increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Old Point Financial will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Old Point Financial dividend per share?
Old Point Financial paid $0.56 per share in 2024 and $0.56 per share in 2023. The amount of dividend per share that Old Point Financial pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Old Point Financial a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Old Point Financial a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Old Point Financial a dividend stock?
Yes, Old Point Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Old Point Financial a good dividend stock?
Whether Old Point Financial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Old Point Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Old Point Financial 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.
Does Old Point Financial pay dividends monthly?
Old Point Financial typically pays dividends on a quarterly basis.
Does Old Point Financial pay dividends quarterly?
Old Point Financial currently pays dividends on a quarterly basis.
Has Old Point Financial ever paid a dividend?
Yes, Old Point Financial has a history of paying dividends to its shareholders. Old Point Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Old Point Financial dividend stocks?
To buy Old Point Financial you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Old Point Financial stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Old Point Financial pay dividends 2024?
Old Point Financial pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-27. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Old Point Financial increase its dividend in 2024?
Decisions regarding Old Point Financial dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Old Point Financial dividend overview you can look into the above table of dividend history.
How Old Point Financial dividend works?
The Old Point Financial dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Old Point Financial's dividend process works:

1. Determination of Dividend: Old Point Financial'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, Old Point Financial 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, Old Point Financial 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 Old Point Financial 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.
How are Old Point Financial dividends paid?
Old Point Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Old Point Financial 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, Old Point Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Old Point Financial 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.
How many times does Old Point Financial pay dividends?
Old Point Financial typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Old Point Financial pay dividends?
The general pattern is that Old Point Financial pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Old Point Financial dividend safe?
The safety of Old Point Financial's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Old Point Financial'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 Old Point Financial'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.