Ohio Valley Banc Corp. [Nasdaq: OVBC] has declared a cash dividend of 22 cents per common share, which will be payable on February 10th. Shareholders of record as of the close of business on January 26th will be eligible to receive the dividend. The announcement was made by the Board of Directors on Tuesday.
The dividend announcement reflects the company's continued commitment to return value to its shareholders. Ohio Valley Banc Corp. operates as the holding company for Ohio Valley Bank, a financial institution that offers various banking products and services to individuals and businesses.
Ohio Valley Banc Corp. is a publicly traded company listed on the Nasdaq Stock Market. The company's stock symbol is OVBC.
The cash dividend is a distribution of the company's earnings to its shareholders. It is typically paid on a regular basis, and the amount can vary depending on the company's financial performance.
Investors and shareholders will be pleased to receive the cash dividend, as it provides them with a tangible return on their investment in Ohio Valley Banc Corp. It is also a positive sign of the company's financial health and stability.