Ohio Valley Banc Corp announces quarterly dividend of $0.23 per share

Ohio Valley Banc Corp (NASDAQ:OVBC), a regional bank with a market capitalization of $160 million, reported Tuesday that its Board of Directors has declared a quarterly cash dividend of $0.23 per share on its common stock. The dividend represents a 2.7% yield, continuing the company’s impressive 32-year streak of consistent dividend payments. The dividend is scheduled to be paid on August 10, 2025, to shareholders of record as of July 25, 2025.

The announcement was made through a press release statement included in a filing with the U.S. Securities and Exchange Commission.

In other recent news, Ohio Valley Banc Corp. reported a notable 57.8% increase in consolidated net income for the first quarter ending March 31, 2025, reaching $4.4 million. This rise in earnings per share, from $0.58 to $0.94 compared to the same period last year, reflects strategic growth in earning assets and a favorable net interest margin. Additionally, Ohio Valley Banc Corp. announced a 4.55% increase in its quarterly cash dividend, now set at $0.23 per share, payable on May 10, 2025. Shareholders of record as of April 25, 2025, will benefit from this increase, which highlights the company’s commitment to shareholder value amidst economic uncertainties.

Furthermore, Ohio Valley Banc Corp. was added to the Russell 3000 Index as part of the 2025 Russell indexes reconstitution, enhancing its visibility among investment managers and institutional investors. The company also held its annual shareholder meeting, where directors were elected and the accounting firm Plante & Moran PLLC was ratified for the fiscal year. These developments underscore Ohio Valley Banc Corp.’s robust financial performance and strategic direction, providing key insights for investors.

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