Cash Dividend On The Way From Old Point Financial (OPOF)

Looking at the universe of stocks we cover at Dividend Channel, on 5/27/15, Old Point Financial Corp. (OPOF) will trade ex-dividend, for its quarterly dividend of $0.08, payable on 6/30/15. As a percentage of OPOF's recent stock price of $15.01, this dividend works out to approximately 0.53%, so look for shares of Old Point Financial Corp. to trade 0.53% lower — all else being equal — when OPOF shares open for trading on 5/27/15.

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Below is a dividend history chart for OPOF, showing historical dividends prior to the most recent $0.08 declared by Old Point Financial Corp.:

OPOF+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 OPOF is likely to continue, and whether the current estimated yield of 2.13% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of OPOF shares, versus its 200 day moving average:

Old Point Financial Corp. 200 Day Moving Average Chart

Looking at the chart above, OPOF's low point in its 52 week range is $14.36 per share, with $16.89 as the 52 week high point — that compares with a last trade of $15.01.

In Tuesday trading, Old Point Financial Corp. shares are currently off about 1.2% on the day.

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