Oak Valley Bancorp (CA) (OVLY) to Issue Dividend of $0.38 on February 13th

Oak Valley Bancorp (CA) (NASDAQ:OVLY) declared a dividend on Tuesday, January 20th. Investors of record on Monday, February 2nd will be given a dividend of 0.375 per share by the financial services provider on Friday, February 13th. This represents a yield of 233.0%. The ex-dividend date of this dividend is Monday, February 2nd.

Oak Valley Bancorp has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 11 consecutive years.

Oak Valley Bancorp Trading Up 0.1%

NASDAQ:OVLY traded up $0.04 on Friday, hitting $31.95. 22,118 shares of the company’s stock traded hands, compared to its average volume of 12,409. The company has a market cap of $268.06 million, a PE ratio of 11.09 and a beta of 0.26. The firm has a 50-day moving average price of $30.06 and a 200-day moving average price of $28.58. Oak Valley Bancorp has a 1 year low of $22.70 and a 1 year high of $32.87.

Oak Valley Bancorp (NASDAQ:OVLY) last posted its quarterly earnings results on Monday, January 26th. The financial services provider reported $0.76 EPS for the quarter. Oak Valley Bancorp had a net margin of 25.28% and a return on equity of 12.64%. The business had revenue of $21.28 million for the quarter.

About Oak Valley Bancorp

Oak Valley Bancorp is the bank holding company for Oak Valley Community Bank, a California-chartered commercial bank headquartered in Lodi, California. Through its subsidiary, the company offers a full suite of banking services tailored to individuals, businesses, agricultural enterprises and nonprofit organizations. Its product portfolio includes checking and savings accounts, money market instruments, certificates of deposit and individual retirement accounts, alongside digital banking tools such as mobile and online banking platforms.

On the lending side, Oak Valley Bancorp provides commercial real estate and construction loans, agricultural and farm real estate financing, equipment leases, SBA-initiated programs and lines of credit.