Dividend Flows: Dec 30, 2016 is the day that Old Point Financial Corporation (NASDAQ:OPOF) shareholders will see dividends of $0.10?

Dividend Flows: Dec 30, 2016 is the day that Old Point Financial Corporation (NASDAQ:OPOF) shareholders will see dividends of $0.10?

Old Point Financial Corporation (NASDAQ:OPOF) is expected to pay $0.10 on Dec 30, 2016. The indicated annual dividend is $0.40. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on Old Point Financial Corporation’s current price of $22.65, the dividend is 0.44%. This dividend’s record date is Nov 30, 2016 and the announcement date is Nov 10, 2016. The stock decreased 0.88% or $0.2 on November 25, hitting $22.65. About 1,791 shares traded hands. Old Point Financial Corporation (NASDAQ:OPOF) has risen 16.80% since April 25, 2016 and is uptrending. It has outperformed by 10.78% the S&P500.

Old Point Financial Corporation is a holding firm that conducts all of its activities through two subsidiaries, The Old Point National Bank of Phoebus and Old Point Trust & Financial Services, N.A. (the Trust). The company has a market cap of $113.02 million. The Firm operates in three principal business divisions: the Bank, the Trust and the Parent. It has a 34.97 P/E ratio. The Firm is the parent firm of Trust and the Bank.

Insitutional Activity: The institutional sentiment decreased to 0.8 in Q2 2016. Its down 0.20, from 1 in 2016Q1. The ratio turned negative, as 0 funds sold all Old Point Financial Corporation shares owned while 4 reduced positions. 1 funds bought stakes while 3 increased positions. They now own 1.21 million shares or 2.70% less from 1.24 million shares in 2016Q1.
Brandywine Glob Investment Mngmt Limited holds 0% of its portfolio in Old Point Financial Corporation (NASDAQ:OPOF) for 27,385 shares. Wellington Mgmt Gru Llp accumulated 222,877 shares or 0% of the stock. Moreover, Stieven Capital Advisors L P has 0.77% invested in Old Point Financial Corporation (NASDAQ:OPOF) for 144,157 shares. Pl Ltd Liability Company has 302,662 shares for 1.98% of their US portfolio. Banc Funds Com Ltd Liability Com has invested 0.01% of its portfolio in Old Point Financial Corporation (NASDAQ:OPOF). Moreover, Blackrock Fund Advsr has 0% invested in Old Point Financial Corporation (NASDAQ:OPOF) for 709 shares. Manufacturers Life Ins The holds 0% or 81 shares in its portfolio. The Virginia-based Old Point And Svcs N A has invested 4.32% in Old Point Financial Corporation (NASDAQ:OPOF). Morgan Stanley has 1,885 shares for 0% of their US portfolio. Tower Rech Cap (Trc) holds 1,203 shares or 0% of its portfolio. Blackrock Investment Ltd Liability Company reported 642 shares or 0% of all its holdings. The New York-based Alliancebernstein Lp has invested 0% in Old Point Financial Corporation (NASDAQ:OPOF). Moreover, Wells Fargo Com Mn has 0% invested in Old Point Financial Corporation (NASDAQ:OPOF) for 2 shares. Vanguard Grp Inc Inc owns 13,462 shares or 0% of their US portfolio. Comml Bank Of America De last reported 875 shares in the company.

Insider Transactions: Since August 3, 2016, the stock had 1 buy, and 0 insider sales for $19,100 net activity. KEEFE WILLIAM F bought $19,100 worth of stock or 1,000 shares.

More recent Old Point Financial Corporation (NASDAQ:OPOF) news were published by: Nasdaq.com which released: “Old Point Financial Corporation (OPOF) Ex-Dividend Date Scheduled for November …” on November 25, 2016. Also Prnewswire.com published the news titled: “Old Point Financial Corporation Declares Fourth Quarter Dividend” on November 10, 2016. Prnewswire.com‘s news article titled: “Old Point Announces Agreement With PL Capital” with publication date: March 17, 2016 was also an interesting one.

OPOF Company Profile

Old Point Financial Corporation, incorporated on February 15, 1984, is a holding firm that conducts all of its activities through two subsidiaries, The Old Point National Bank of Phoebus (the Bank) and Old Point Trust & Financial Services, N.A. (the Trust). The Firm operates in three principal business divisions: the Bank, the Trust and the Parent. The Firm is the parent firm of Trust and the Bank. The Bank is an independent community bank. The Bank serves individual and commercial customers. The Bank had approximately 18 branch offices serving the Hampton Roads localities of Hampton, Newport News, Norfolk, Virginia Beach, Chesapeake, Williamsburg/James City County, York County and Isle of Wight County. The Bank offers a complete line of consumer, mortgage and business banking services, including loan, deposit and cash management services. The Bank offers a range of deposit and loan products to its retail and commercial customers. Products and services include retirement planning, estate planning, financial planning, estate and trust administration, retirement plan administration, tax services and investment management services. The Trust is a nationally chartered trust firm and wealth management services provider. Trust offers a full range of services for individuals and businesses.

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