#United States #Dividend #Hampton #Old Point Financial #Hampton Roads

Old Point Financial Corporation Declares Quarterly Dividend

Hampton, Virginia's very own Old Point Financial Corporation has announced a quarterly cash dividend of $0.14 per share on its common stock. This dividend is set to be distributed on March 28, 2025 to those shareholders who are on record as of March 5, 2025. Interestingly, this amount is identical to the dividend amount issued in the previous quarter.

The decision to maintain this dividend rate reflects the company's consistent financial performance and its commitment to return value to its shareholders. Based on the stock’s closing price of $29.73 on February 18, 2025, stockholders can anticipate an annual dividend yield of approximately 1.9%.

About Old Point Financial Corporation

Old Point Financial Corporation (Ticker: OPOF), serves as the parent entity to both Old Point National Bank and Old Point Wealth Management, which operate primarily in the Hampton Roads and Richmond areas of Virginia.

Old Point National Bank features a locally owned structure that aims to provide an array of financial services. From checking accounts, insurance options, and mortgage services to broadly ranging commercial lending products, the bank strives to handle the unique needs of both individual and business clientele.

On the other hand, Old Point Wealth Management stands out as the leading wealth management service provider headquartered in the Hampton Roads region. Their approach to asset management is nurtured by a team of experienced professionals dedicated to facilitating personalized and prudent investment strategies.

Committed to Serving the Community

Old Point Financial Corporation's operations underscore their commitment to fostering strong community ties and delivering high-quality financial services tailored to the needs of their clients. By maintaining local outreach and understanding regional dynamics, the corporation continues to position itself favorably in Virginia's competitive banking landscape.

For those interested in learning more about their financial offerings, additional information can be accessed through their website at oldpoint.com.

In closing, the announcement of the quarterly dividend is a vital indicator of Old Point's robust financial health and serves as a testament to their unwavering dedication to shareholder satisfaction.