Old Point Financial Corporation announced for the fourth quarter of 2023, the Company declared dividends of $0.14 per share, an increase of 7.7% over dividends of $0.13 per share declared in the fourth quarter of 2022. The dividend represents a payout ratio of 47.6% of earnings per share for the fourth quarter of 2023 and 36.4% cumulatively for the year ended December 31, 2023. The dividend to be paid on March 29, 2024 to shareholders of record as of March 6, 2024.
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- Old Point Financial Corporation Declares Dividend for the Fourth Quarter of 2023, Payable on March 29, 2024