Ohio Valley Banc Corp. Declares Cash Dividend Amid Economic Challenges Ahead

Ohio Valley Banc Corp. Announces $0.23 Cash Dividend

On April 15, 2025, Ohio Valley Banc Corp. (Nasdaq: OVBC) made an important announcement reflecting its commitment to its shareholders. The company’s Board of Directors has declared a cash dividend of $0.23 for each common share. This dividend will be payable on May 10, 2025, to all shareholders recorded by the end of business on April 25, 2025.

Tom Wiseman, the Chairman of the Board, expressed gratitude towards shareholders during these uncertain economic times. He stated, "Against the backdrop of economic uncertainty at home and abroad, Ohio Valley Banc Corp. is pleased to offer the stability our loyal shareholders need." Wiseman highlights the challenges both the company and its shareholders face in the current economic environment but reassures them of OVBC’s position to weather any turbulence.

The declaration of this dividend is significant as it reflects OVBC's ongoing commitment to support its shareholders during unpredictable circumstances. The cash dividend marks not just a continuation but an increase from previous dividends, emphasizing the strength of the organization and the dedication of its community bankers.

Ohio Valley Banc Corp. operates primarily out of Gallipolis, Ohio, providing financial services through its subsidiary, The Ohio Valley Bank Company, which boasts 17 branch offices in Ohio and West Virginia. Additionally, the company has a presence in consumer finance through its owned entity, Loan Central, Inc., with six offices across Ohio.

Investors and customers are encouraged to learn more about Ohio Valley Banc Corp. through their official website at www.ovbc.com. There, one can find further information about the company’s operations, upcoming dividends, and other news.

For those with further inquiries, OVBC representatives Scott Shockey and Bryna Butler can be contacted at 740-446-2631 or via toll-free number 1-800-468-6682 for additional details concerning the dividend and other investor-related questions.

This cash dividend outlines not only a positive financial outlook for Ohio Valley Banc Corp. but reinforces the confidence shareholders have in the institution. As the company navigates through what may be a tumultuous financial landscape, it remains optimistic about meeting the needs of both customers and investors alike, proving that stability can still exist amid uncertainty.