Oak Ridge Financial Services, Inc. (BKOR) To Go Ex-Dividend on May 23rd

Oak Ridge Financial Services, Inc. (OTCMKTS:BKOR) announced a dividend on Tuesday, May 20th, investing.com reports. Shareholders of record on Monday, May 26th will be given a dividend of 0.14 per share on Monday, June 9th. This represents a dividend yield of 2.58%. The ex-dividend date of this dividend is Friday, May 23rd. This is a 75.0% increase from Oak Ridge Financial Services’s previous dividend of $0.08.

Oak Ridge Financial Services Stock Performance

Shares of OTCMKTS:BKOR opened at $21.69 on Wednesday. The business’s 50 day simple moving average is $21.19 and its two-hundred day simple moving average is $20.86. The firm has a market cap of $59.60 million, a P/E ratio of 10.53 and a beta of 0.17. Oak Ridge Financial Services has a 52-week low of $16.67 and a 52-week high of $21.76.

Oak Ridge Financial Services (OTCMKTS:BKOR) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.57 earnings per share for the quarter.

About Oak Ridge Financial Services

Oak Ridge Financial Services, Inc operates as a bank holding company for Bank of Oak Ridge that provides various banking products and services for individuals and businesses. It offers checking, savings, and money market accounts; overdrafts; auto, home equity, mortgage, business term, and business SBA loans; business lines of credit; credit cards; and online and mobile banking products and services.