Oak Valley Bancorp Declares $0.225/Share Dividend, Providing Stable Income Stream for Investors

Oak Valley Bancorp (NASDAQ:OVLY) just issued a dividend of $0.225 per share, which will help its shareholders’ finances. For shareholders who owned shares as of January 29, 2024, the payment will be paid on February 9, 2024. The ex-dividend date is January 26, 2024. The Board of Directors of the company made this statement on January 16, 2024.

Oak Valley Bancorp’s decision to pay dividends shows that the company is financially stable and loyal to its owners. Investors can expect the dividend payment to give them a steady stream of income, which will help their total financial portfolio.

The dividend yield is 1.92%, which is found by dividing the dividend per share by the present price of the stock. This yield is better than the average for the industry, which makes Oak Valley Bancorp a good choice for investors who want to make money.

Financial services company Oak Valley Bancorp runs its business through Oak Valley National Bank, which is a division of Oak Valley Bancorp. There are many types of banking goods and services that the company offers, such as commercial and industrial loans, commercial real estate loans, and consumer loans.

With $1.4 billion in assets as of September 30, 2023, Oak Valley Bancorp is a major player in the banking business. The business has been stable financially, with a net income of $1.2 million in the third quarter of 2023.

Oak Valley Bancorp’s decision to declare a dividend is good news for its shareholders because it shows that the company is confident in its financial success and wants to reward its investors.

Investors can expect the dividend payment to give them a steady stream of income, which will help their total financial portfolio.

In the end, Oak Valley Bancorp’s decision to pay a $0.225/share dividend is good news for its owners. Investors can expect the dividend payment to give them a steady stream of income, which will help their total financial portfolio.

The business has been stable financially, with a net income of $1.2 million in the third quarter of 2023. Oak Valley Bancorp’s decision to pay dividends shows that the company is financially stable and loyal to its owners.