Old Point Financial Corporation Announces Quarterly Dividend
Portfolio Pulse from
Old Point Financial Corporation has announced a quarterly cash dividend of $0.14 per share, payable on March 28, 2025, to shareholders of record as of March 5, 2025.
February 19, 2025 | 9:45 pm
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Old Point Financial Corporation declared a quarterly dividend of $0.14 per share, indicating a stable financial position and potential attractiveness to income-focused investors.
The announcement of a dividend payment is generally a positive signal, suggesting that the company is in a stable financial position and is able to return capital to shareholders. This can attract income-focused investors, potentially leading to a short-term increase in stock price.
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