OVBC Ex-Dividend Reminder - 4/24/13

Looking at the universe of stocks we cover at Dividend Channel, on 4/24/13, Ohio Valley Banc Corp. (OVBC) will trade ex-dividend, for its quarterly dividend of $0.21, payable on 5/10/13. As a percentage of OVBC's recent stock price of $19.45, this dividend works out to approximately 1.08%, so look for shares of Ohio Valley Banc Corp. to trade 1.08% lower — all else being equal — when OVBC shares open for trading on 4/24/13.

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Below is a dividend history chart for OVBC, showing historical dividends prior to the most recent $0.21 declared by Ohio Valley Banc Corp.:

OVBC+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from OVBC is likely to continue, and whether the current estimated yield of 4.32% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of OVBC shares, versus its 200 day moving average:

Ohio Valley Banc Corp. 200 Day Moving Average Chart

Looking at the chart above, OVBC's low point in its 52 week range is $17.56 per share, with $20.56 as the 52 week high point — that compares with a last trade of $19.45.

In Monday trading, Ohio Valley Banc Corp. shares are currently up about 0.5% on the day.

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