Four Oaks Fincorp Inc. Announces None Dividend of $0.02 (OTCMKTS:FOFN)
Four Oaks Fincorp Inc. (OTCMKTS:FOFN) declared a None dividend on Thursday, July 27th, Zacks reports. Shareholders of record on Thursday, August 10th will be paid a dividend of 0.02 per share by the financial services provider on Thursday, August 24th. The ex-dividend date of this dividend is Tuesday, August 8th.
Shares of Four Oaks Fincorp (OTCMKTS:FOFN) remained flat at $18.37 on Monday. 186 shares of the company’s stock were exchanged. The firm has a market capitalization of $119.61 million, a P/E ratio of 16.88 and a beta of 0.81. The firm’s 50-day moving average price is $17.73 and its 200 day moving average price is $15.92. Four Oaks Fincorp has a 52-week low of $13.01 and a 52-week high of $91.25.
Separately, ValuEngine upgraded shares of Four Oaks Fincorp from a “hold” rating to a “buy” rating in a report on Friday, June 2nd.
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Four Oaks Fincorp Company Profile
Four Oaks Fincorp, Inc is a bank holding company. The Company’s primary function is to serve as the holding company for its subsidiaries, Four Oaks Bank & Trust Company, Inc (the Bank) and Four Oaks Mortgage Services, LLC. The Bank operates over 16 offices in eastern and central North Carolina. In addition, the Company has an interest in Four Oaks Statutory Trust I.
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