Oak Valley Bancorp (CA) (NASDAQ:OVLY) Declares Dividend of $0.38

Oak Valley Bancorp (CA) (NASDAQ:OVLY) announced a dividend on Tuesday, January 20th. Stockholders 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 dividend yield of 233.0%. The ex-dividend date is Monday, February 2nd.

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

Oak Valley Bancorp Trading Up 0.1%

OVLY stock traded up $0.04 during trading hours on Friday, hitting $31.95. 22,118 shares of the stock traded hands, compared to its average volume of 12,409. The stock has a 50-day simple moving average of $30.06 and a 200 day simple moving average of $28.58. The company has a market cap of $268.06 million, a P/E ratio of 11.09 and a beta of 0.26. Oak Valley Bancorp has a one year low of $22.70 and a one year high of $32.87.

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

Oak Valley Bancorp Company Profile

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.