|Bid||21.00 x 800|
|Ask||27.50 x 1100|
|Day's Range||20.40 - 21.39|
|52 Week Range||19.20 - 41.50|
|Beta (5Y Monthly)||0.02|
|PE Ratio (TTM)||11.28|
|Earnings Date||Jul 27, 2020|
|Forward Dividend & Yield||0.84 (4.00%)|
|Ex-Dividend Date||Jul 30, 2020|
|1y Target Est||N/A|
Ohio Valley Banc Corp. (Nasdaq: OVBC) (the "Company") reported consolidated net income for the quarter ended June 30, 2020, of $2,263,000 compared to $3,079,000 earned for the second quarter of 2019. Earnings per share for the second quarter of 2020 were $.47 compared to $.65 for the prior year second quarter. For the six months ended June 30, 2020, net income totaled $3,265,000 compared to $4,272,000 for the same period the prior year. Earnings per share were $.68 for the first six months of 2020 versus $.90 for the first six months of 2019. Return on average assets and return on average equity were .62 percent and 5.07 percent, respectively, for the first half of 2020, compared to .83 percent and 7.20 percent, respectively, for the same period in the prior year.
On July 21, 2020, Ohio Valley Banc Corp. [Nasdaq: OVBC] Board of Directors declared a cash dividend of $0.21 per common share payable on August 10, 2020, to shareholders of record as of the close of business on July 31, 2020. For almost 11 years, OVBC has maintained a consistent, regular quarterly dividend of $0.21 per common share.
Today we'll take a closer look at Ohio Valley Banc Corp. (NASDAQ:OVBC) from a dividend investor's perspective. Owning...