Old Point Financial's Steady Dividend: A Beacon in Uncertain Times

In the ever-changing landscape of the financial world, one constant that investors and retirees alike can rely on is the steady dividend payout from Old Point Financial (NASDAQ: OPOF). With a recent announcement of a $0.14 dividend per share, Old Point Financial continues to demonstrate its commitment to providing a reliable income stream for its shareholders.



Old Point Financial, a regional bank holding company, has a long history of consistent dividend payments. The company's dividend history, as shown in the table below, illustrates this commitment to shareholder value.

| Ex-Dividend Date | Payout Date | Cash Amount | % Change |
| --- | --- | --- | --- |
| 2025-09-04 | 2025-09-26 | $0.14 | unconfirmed/estimated |
| 2025-06-05 | 2025-06-27 | $0.14 | unconfirmed/estimated |
| 2025-03-05 | 2025-03-28 | $0.14 | |
| 2024-12-04 | 2024-12-27 | $0.14 | |
| 2024-09-04 | 2024-09-27 | $0.14 | |
|... |... |... |... |
| 2010-02-24 | 2010-03-30 | $0.10 | |
| 2009-11-24 | 2009-12-30 | $0.10 | |
| 2009-08-26 | 2009-09-30 | $0.10 | |
| 2009-05-28 | 2009-07-30 | $0.10 | -41.18% |
| 2009-02-25 | 2009-04-30 | $0.17 | |



As the table and chart illustrate, Old Point Financial has maintained a consistent quarterly dividend payout of $0.14 per share for the past eight quarters. This consistency is a testament to the company's financial stability and commitment to returning capital to shareholders. Additionally, the company has shown dividend growth in the past, with an increase from $0.13 to $0.14 per share in March 2023, representing a 7.69% increase.



Old Point Financial's dividend yield, based on the stock's closing price of $29.73 on February 18, 2025, is approximately 1.9%. While this yield may not be the highest among financial institutions, it is competitive and provides a solid return on investment for income-focused portfolios. Furthermore, the company's payout ratio of 35% indicates that it is distributing a manageable portion of its earnings as dividends, leaving room for future growth.

In conclusion, Old Point Financial's steady dividend payout is a beacon of reliability in an uncertain world. With a history of consistent dividends, dividend growth, a competitive yield, and a manageable payout ratio, Old Point Financial is an attractive investment option for income-focused portfolios. As the company continues to demonstrate its commitment to shareholder value, investors and retirees can rely on Old Point Financial's dividend as a source of stable income.