Oak Valley Bancorp's last dividend of $0.225 per share was on Jan 26, 2024 (ex-date). The annualized dividend payment of $0.39 per share represents a current dividend yield of 1.64%. The latest OVLY payout of $0.225 marks a dividend growth of 41%.
OVLY has a dividend yield of 1.64% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 3.42%, Oak Valley Bancorp's dividend yield is 52% lower. Historically OVLY's dividend yield has averaged at 1.6% in the last 5 years, which is in line with the current one.
Oak Valley Bancorp has a dividend history dating as far as 2006, but when it comes to recent years the company has recorded ten consecutive years of dividend payments. Our records of OVLY show that the company has issued two dividends in the last twelve months. The annualized DPS marks an increase of 24% since one year ago. And with the stock price down by 0.8% from a year ago, the dividend yield marks an increase of 25%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jan 26, 2024 | Feb 9, 2024 | Jan 16, 2024 | $0.225 | normal |
| Jul 28, 2023 | Aug 11, 2023 | Jul 21, 2023 | $0.16 | normal |
| Jan 27, 2023 | Feb 10, 2023 | Jan 20, 2023 | $0.16 | normal |
| Jul 29, 2022 | Aug 12, 2022 | Jul 19, 2022 | $0.15 | normal |
| Jan 28, 2022 | Feb 11, 2022 | Jan 21, 2022 | $0.15 | normal |
| Jul 30, 2021 | Aug 13, 2021 | Jul 20, 2021 | $0.145 | normal |
| Jan 29, 2021 | Feb 12, 2021 | Jan 19, 2021 | $0.145 | normal |
| Jul 31, 2020 | Aug 14, 2020 | Jul 21, 2020 | $0.14 | normal |
| Jan 31, 2020 | Feb 14, 2020 | Jan 21, 2020 | $0.14 | normal |
| Jul 26, 2019 | Aug 9, 2019 | Jul 16, 2019 | $0.135 | normal |
| Jan 25, 2019 | Feb 8, 2019 | Jan 15, 2019 | $0.135 | normal |
| Jul 27, 2018 | Aug 10, 2018 | Jul 17, 2018 | $0.13 | normal |
| Jan 26, 2018 | Feb 9, 2018 | Jan 16, 2018 | $0.13 | normal |
| Jul 27, 2017 | Aug 10, 2017 | Jul 18, 2017 | $0.125 | normal |
| Jan 26, 2017 | Feb 9, 2017 | Jan 17, 2017 | $0.125 | normal |
OVLY has a payout ratio of 10.2% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 40.3%, Oak Valley Bancorp's payout ratio is 75% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BMRC Bank of Marin Bancorp | 6.32% | $1 | 80.6% |
| HTBK Heritage Commerce Corp | 6.27% | $0.52 | 49.1% |
| CVBF Cvb Financial Corp | 4.66% | $0.8 | 50.3% |
| BSRR Sierra Bancorp | 4.32% | $0.92 | 37.9% |
| TCBK Trico Bancshares | 3.3% | $1.23 | 34.8% |
| OVLY Oak Valley Bancorp | 1.64% | $0.39 | 10.2% |
Yes, Oak Valley Bancorp has paid two dividends in the last 12 months. OVLY has been paying dividends since 2014.
Currently OVLY's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in July 2024.
Oak Valley Bancorp's last dividend ex-date was on Jan 26, 2024. The dividend amount was $0.225 per share.
OVLY has paid dividend of $0.39 per share in the last year.
Currently Oak Valley Bancorp's dividend yield is 1.64%.
Oak Valley Bancorp typically pays two dividends per year.
The dividend payout ratio of Oak Valley Bancorp is 10.2%.
Oak Valley Bancorp's dividend yield is lower than the Financial Services sector average.