Oak Valley Bancorp's last dividend of $0.16 per share was on Jan 27, 2023 (ex-date). The annualized dividend payment of $0.31 per share represents a current dividend yield of 1.29%. The latest OVLY payout of $0.16 marks a dividend growth of 7%.
OVLY has a dividend yield of 1.29% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 3.28%, Oak Valley Bancorp's dividend yield is 61% lower. Historically OVLY's dividend yield has averaged at 1.6% in the last 5 years, which is higher than 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 eight 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 5% since one year ago. But with the stock price up by 27% from a year ago, the dividend yield marks a decrease of 17%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 15% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 30.7%, Oak Valley Bancorp's payout ratio is 51% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HTBK Heritage Commerce Corp | 6.05% | $0.52 | 47.3% |
| BSRR Sierra Bancorp | 5.25% | $0.92 | 40.9% |
| CVBF Cvb Financial Corp | 4.22% | $0.77 | 46.1% |
| BMRC Bank of Marin Bancorp | 4.14% | $0.99 | 33.8% |
| TCBK Trico Bancshares | 2.5% | $1.1 | 28.6% |
| CVCY Central Valley Community Bancorp | 2.28% | $0.48 | 21.1% |
| OVLY Oak Valley Bancorp | 1.29% | $0.31 | 15% |
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 2023.
Oak Valley Bancorp's last dividend ex-date was on Jan 27, 2023. The dividend amount was $0.16 per share.
OVLY has paid dividend of $0.31 per share in the last year.
Currently Oak Valley Bancorp's dividend yield is 1.29%.
Oak Valley Bancorp typically pays two dividends per year.
The dividend payout ratio of Oak Valley Bancorp is 15%.
Oak Valley Bancorp's dividend yield is lower than the Financial Services sector average.