OPOF Old Point Financial dividend history, payout ratio & dates
Old Point Financial's most recent dividend was on Sep 4, 2024 (ex-date) with a cash dividend payment of $0.14 per share. On an annualized basis, the company has a current payout of $0.56 per share. This brings the dividend yield to 2.69% based on its recent close price.
Key dates
- OPOF last dividend date: Sep 4, 2024
OPOF dividend stats
vs. Financial Services sector
Dividend yield
OPOF has a dividend yield of 2.69% which is higher than the Financial Services sector average but lower than the industry and its peers average. But in comparison with the Financial Services sector average of 2.57%, Old Point Financial's dividend yield is only 4.7% higher. The historical 5-year average of OPOF's dividend yield is 2.6%, which is in line with the current one.
Dividend history
Old Point Financial has been paying dividends since 2000. OPOF has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 1.8% for the last year. But since the stock price has gone up by 35% from a year ago, the dividend yield has decreased by 24%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 4, 2024 | $0.14 | 2.99% |
| Jun 5, 2024 | $0.14 | 3.78% |
| Mar 5, 2024 | $0.14 | 3.34% |
| Dec 5, 2023 | $0.14 | 3.39% |
| Sep 5, 2023 | $0.14 | 3.01% |
| Jun 6, 2023 | $0.14 | 3.6% |
| Mar 7, 2023 | $0.14 | 1.93% |
| Dec 6, 2022 | $0.13 | 2.34% |
| Sep 6, 2022 | $0.13 | 2.21% |
| May 31, 2022 | $0.13 | 2.09% |
| Mar 1, 2022 | $0.13 | 2.06% |
| Nov 30, 2021 | $0.13 | 2.13% |
| Aug 31, 2021 | $0.13 | 2.2% |
| Jun 1, 2021 | $0.12 | 2.08% |
| Mar 2, 2021 | $0.12 | 2.25% |
| Dec 1, 2020 | $0.12 | 2.81% |
| Sep 1, 2020 | $0.12 | 3.06% |
| Jun 2, 2020 | $0.12 | 3.14% |
| Mar 3, 2020 | $0.12 | 1.71% |
| Dec 2, 2019 | $0.12 | 1.7% |
| Aug 30, 2019 | $0.12 | 1.96% |
| Jun 3, 2019 | $0.12 | 2.07% |
| Mar 4, 2019 | $0.12 | 1.94% |
| Dec 3, 2018 | $0.11 | 1.71% |
| Aug 30, 2018 | $0.11 | 1.63% |
| May 30, 2018 | $0.11 | 1.66% |
| Feb 27, 2018 | $0.11 | 1.75% |
| Nov 29, 2017 | $0.11 | 1.49% |
| Aug 29, 2017 | $0.11 | 1.39% |
| May 26, 2017 | $0.11 | 1.42% |
| Feb 24, 2017 | $0.11 | 1.42% |
| Nov 28, 2016 | $0.1 | 1.77% |
| Aug 29, 2016 | $0.1 | 2% |
| May 26, 2016 | $0.1 | 1.96% |
| Feb 25, 2016 | $0.1 | 1.93% |
| Nov 25, 2015 | $0.09 | 1.9% |
| Aug 27, 2015 | $0.09 | 2.06% |
| May 27, 2015 | $0.08 | 1.99% |
| Feb 25, 2015 | $0.08 | 1.86% |
Old Point Financial dividend payout ratio
Payout ratio
OPOF has a payout ratio of 39.7% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 42.5%, Old Point Financial's payout ratio is 7% lower.
Total amount of dividends paid per financial year (from cash flow)
OPOF dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CZNC Citizens & Northern Corp | 5.52% | $1.12 | 77.8% |
| FFBC First Financial Bancorp | 3.19% | $0.93 | 39.7% |
| OPOF Old Point Financial Corp. | 2.69% | $0.56 | 39.7% |
| CCNE Cnb Financial Corp | 2.54% | $0.71 | 30% |
| HWBK Hawthorn Bancshares Inc | 2.5% | $0.72 | 120% |
| FCCO First Community Corp | 2.38% | $0.58 | 40.6% |
| FUNC First United Corp | 2.36% | $0.82 | 33.3% |
Frequently asked questions
Does Old Point Financial pay a dividend?
Yes, Old Point Financial has been paying dividends for the last 24 years.
When was OPOF's last dividend?
Old Point Financial's last regular dividend was on Sep 4, 2024 (ex-date) with the amount of $0.14 per share.
How much dividend does Old Point Financial pay (per share)?
OPOF's annualized dividend per share is $0.56.
What is Old Point Financial's dividend yield?
The current dividend yield of Old Point Financial is 2.69%.
How often does Old Point Financial pay dividends?
Old Point Financial has a quarterly dividend frequency.
What is Old Point Financial's dividend payout ratio?
Old Point Financial's dividend payout ratio is 39.7%.
Does Old Point Financial pay a good dividend?
Old Point Financial's dividend yield is in line with the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.