Old Point Financial declared a quarterly cash dividend of 14c per share on its common stock to be paid on March 31 to shareholders of record as of March 8. This dividend represents a 1c per share increase, or 7.7%, from the prior quarter’s dividend and is also a 1c increase from the prior year’s quarterly dividend level. Based on the stock’s closing price of $25.95 on February 21, the dividend yield is approximately 2.2%.
Published first on TheFly
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