Oak Ridge Financial Services, Inc. (OTCMKTS:BKOR) Plans $0.05 Quarterly Dividend

Oak Ridge Financial Services, Inc. (OTCMKTS:BKOR) declared a quarterly dividend on Friday, October 25th, Zacks reports. Shareholders of record on Friday, November 15th will be given a dividend of 0.05 per share on Friday, December 6th. This represents a $0.20 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date is Thursday, November 14th.

BKOR stock traded up $0.10 during trading hours on Tuesday, reaching $15.30. 560 shares of the stock were exchanged, compared to its average volume of 316. The company has a market cap of $40.16 million, a price-to-earnings ratio of 9.16 and a beta of 0.65. The firm’s 50-day moving average is $14.88 and its 200-day moving average is $14.52. Oak Ridge Financial Services has a 12 month low of $12.45 and a 12 month high of $16.85.

Separately, ValuEngine raised shares of Oak Ridge Financial Services from a “sell” rating to a “hold” rating in a report on Friday, October 11th.

Oak Ridge Financial Services Company Profile

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. The company accepts various deposit products, such as checking accounts, savings accounts; and provides home loans, refinancing, reverse mortgages, home equity loans, business term loans, and business lines of credit, as well as credit cards.

Further Reading: Quantitative Easing

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