OVBC announces cash dividend


Posted: October 20, 2021 at 6:53 PM EDT|Update: 2 hours ago

GALLIPOLIS, Ohio, 20 October 2021 / PRNewswire / – Enabled October 19, 2021, Ohio Valley Banc Corp. [Nasdaq: OVBC] The Board of Directors declared a cash dividend of $ 0.21 per common share payable on November 10, 2021, to shareholders of record at the close of business on October 29, 2021. The OVBC continues to maintain a constant and regular quarterly dividend of $ 0.21 per common share.

President and CEO Tom wiseman said: “It has been quite an active time for the company. We were delighted to open a new branch, our OVB Point Pleasant North office, in August. This branch will increase our footprint in the Mason County area and also provide additional resources as a convenient option for our customers on the go with the drive-thru experience only. We also officially opened Race Day Mortgage, Inc., a new subsidiary of the Ohio Valley Bank. Race Day is an online-only direct-to-consumer mortgage company providing services through convenient mobile and digital channels. The growth the company has experienced is part of our commitment to remain an independent, community-based bank for years to come. The support of our shareholders means a lot to us as we continue to move forward and, as always, put our community first. “

Ohio Valley Banc Corp. is based at Gallipolis, Ohio. The main subsidiaries of the company are: Ohio Valley Bank, Loan Central and Race Day Mortgage. The Ohio Valley Bank is an FDIC-insured Federal Reserve member state bank that operates 16 offices in Ohio and W.Va. Loan Central, specializing in tax preparation and loans, is a finance company with six offices in the south Ohio. Race Day Mortgage is an online direct-to-consumer finance company only. Stocks of Ohio Valley Banc Corp. are listed on the NASDAQ Global Market under the symbol OVBC. For more information, visit www.ovbc.com.

Contact: Scott shockey Where Bryna butler, (740) 446-2631, 1-800-468-6682

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SOURCE Ohio Valley Banc Corp.

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