OVBC Announces Cash Dividend

Jul 22, 2015, 17:22 ET from Ohio Valley Banc Corp.

GALLIPOLIS, Ohio, July 22, 2015 /PRNewswire/ -- On July 21, 2015, Ohio Valley Banc Corp. (Nasdaq: OVBC) Board of Directors declared a cash dividend of $0.21 per common share payable on August 10, 2015, to shareholders of record on July 31, 2015.  This marks the 23rd consecutive quarter in which the Company has faithfully delivered a $0.21 per common share regular dividend payout.

OVBC President and CEO Tom Wiseman commented, "In September, Ohio Valley Bank, OVBC's lead subsidiary, will celebrate 143 years in business. We are thankful to our shareholders and appreciative of the support this American company has received for more than a century. Despite rising regulatory obstacles, including coming government-mandated regulation that will make closing a mortgage a longer process, we remain committed to our mission to place Community First and remain an independent community bank."

Ohio Valley Banc Corp., based in Gallipolis, Ohio, owns two subsidiaries: Ohio Valley Bank and Loan Central. Ohio Valley Bank is an FDIC-insured bank operating 14 offices in Ohio and West Virginia, including an innovative, new location in Barboursville, West Virginia. Loan Central is a finance company with seven offices in southern Ohio. Ohio Valley Banc Corp. stock is traded on The NASDAQ Global Market under the symbol OVBC. The company's Website is at www.ovbc.com.

Contact: Scott Shockey or Bryna Butler, (740) 446-2631, 1-800-468-6682

 

SOURCE Ohio Valley Banc Corp.



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