Looking at the universe of stocks we cover at Dividend Channel, on 1/2/14, Oak Valley Bancorp (OVLY) will trade ex-dividend, for its quarterly dividend of $0.10, payable on 1/21/14. As a percentage of OVLY's recent stock price of $8.26, this dividend works out to approximately 1.21%, so look for shares of Oak Valley Bancorp to trade 1.21% lower — all else being equal — when OVLY shares open for trading on 1/2/14.
Below is a dividend history chart for OVLY, showing historical dividends prior to the most recent $0.10 declared by Oak Valley Bancorp :
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from OVLY is likely to continue, and whether the current estimated yield of 4.84% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of OVLY shares, versus its 200 day moving average:Looking at the chart above, OVLY's low point in its 52 week range is $7.33 per share, with $8.88 as the 52 week high point — that compares with a last trade of $8.26.
In Tuesday trading, Oak Valley Bancorp shares are currently trading flat on the day.