Ohio Valley Banc's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Ohio Valley Banc (NASDAQ:OVBC) announced a quarterly dividend of 22 cents per share, with the ex-dividend date set for Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the payout, which will be distributed on February 10, 2024. The stock is expected to open 22 cents lower on the ex-dividend date.
January 22, 2024 | 2:45 pm
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Ohio Valley Banc will pay a quarterly dividend of 22 cents per share, with the ex-dividend date being this Thursday. The stock price is expected to open lower by the dividend amount on the ex-dividend date.
The stock price is likely to drop by the amount of the dividend on the ex-dividend date as the dividend value is accounted for in the stock price. This is a common occurrence and is typically priced in by the market.
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