Old Point Financial (Old Point Financial) Dividend Payout Ratio : 0.49 (As of Dec. 2023)

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What is Old Point Financial Dividend Payout Ratio?

Old Point Financial's dividend payout ratio for the months ended in Dec. 2023 was 0.49.

The historical rank and industry rank for Old Point Financial's Dividend Payout Ratio or its related term are showing as below:

OPOF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.26 Med: 0.39 Max: 1.24
Current: 0.37

During the past 13 years, the highest Dividend Payout Ratio of Old Point Financial was 1.24. The lowest was 0.26. And the median was 0.39.

OPOF's Dividend Payout Ratio is ranked worse than
53.41% of 1086 companies
in the Banks industry
Industry Median: 0.34 vs OPOF: 0.37

As of today (2024-04-30), the Dividend Yield % of Old Point Financial is 3.97%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Old Point Financial was 4.06%. The lowest was 1.25%. And the median was 1.91%.

Old Point Financial's Dividends per Share for the months ended in Dec. 2023 was $0.14.

During the past 12 months, Old Point Financial's average Dividends Per Share Growth Rate was 7.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Old Point Financial was 22.50% per year. The lowest was -32.80% per year. And the median was 7.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Old Point Financial Dividend Payout Ratio Historical Data

The historical data trend for Old Point Financial's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Old Point Financial Dividend Payout Ratio Chart

Old Point Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.32

0.49

0.31

0.34

0.37

Old Point Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.54	0.23	0.42	0.52	0.49

Competitive Comparison of Old Point Financial's Dividend Payout Ratio

For the Banks - Regional subindustry, Old Point Financial's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Old Point Financial's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Old Point Financial's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Old Point Financial's Dividend Payout Ratio falls into.

Old Point Financial Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Old Point Financial's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.56	/	1.514
	=	0.37

Old Point Financial's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.14	/	0.287
	=	0.49

Old Point Financial (NAS:OPOF) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Old Point Financial Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Old Point Financial's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Old Point Financial (Old Point Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Old Point Financial Corp (NAS:OPOF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 East Queen Street, Hampton, VA, USA, 23669

Website

https://www.oldpoint.com

Old Point Financial Corp functions in the financial services domain in the United States. As the holding company of The Bank and Trust, it is a nationally chartered trust and wealth management service, provider. Its suite of services includes commercial banking solutions such as loan, deposit and cash management, which are rendered through a chain of branches throughout the country. It operates through segments such as Bank, Wealth and Company.

Executives

Sarah B Golden	director	PO BOX 3392, HAMPTON VA 23663
Tom B Langley	director	PO BOX 3392, HAMPTON VA 23663
Michael A Glasser	director	PO BOX 3392, HAMPTON VA 23663
Joseph R Witt	director, other: EVP, Corporate Banking, OPNB	PO BOX 3392, HAMPTON VA 23663
Paul M Pickett	officer: Chief Financial Officer	PO BOX 3392, HAMPTON VA 23663
Elizabeth S Wash	director	1104 WORMLEY CREEK DRIVE, YORKTOWN VA 23692
Pl Capital Advisors, Llc	10 percent owner	750 ELEVENTH STREET SOUTH, SUITE 202, NAPLES FL 34102
John Cabot Ishon	director	PO BOX 3392, HAMPTON VA 23663
Thacker Clark Rebekah Ellen	director	PO BOX 3392, HAMPTON VA 23663
Adams Stephen Conway	director	PO BOX 3392, HAMPTON VA 23663
Shuford Robert F Jr	other: EVP/CHIEF OPERATING OFFR-OPNB	PO BOX 3392, HAMPTON VA 23663
Greene Dr Arthur D	director	PO BOX 3392, HAMPTON VA 23663
John W Palmer	10 percent owner	C/O SECURITY FINANCIAL BANCORP INC, 9321 WICKER AVE, ST JOHN IN 46373
Richard J Lashley	10 percent owner	C/O PL CAPITAL, LLC, 47 E. CHICAGO AVE., SUITE 328, NAPERVILLE IL 60540
Kauders A Eric Jr	officer: SVP/Trust	101 E QUEEN ST, HAMPTON VA 23669