Oak Ridge Financial Services, Inc. (OTCMKTS:BKOR) to Issue Quarterly Dividend of $0.12

Oak Ridge Financial Services, Inc. (OTCMKTS:BKOR) declared a quarterly dividend on Thursday, October 31st, NASDAQ reports. Investors of record on Friday, November 15th will be paid a dividend of 0.12 per share on Tuesday, December 3rd. This represents a $0.48 dividend on an annualized basis and a yield of 2.50%. The ex-dividend date is Friday, November 15th.

Oak Ridge Financial Services Stock Performance

BKOR remained flat at $19.18 on Friday. The stock’s fifty day moving average price is $18.79 and its 200 day moving average price is $17.94. Oak Ridge Financial Services has a 52-week low of $14.06 and a 52-week high of $20.00. The stock has a market capitalization of $52.94 million, a price-to-earnings ratio of 9.36 and a beta of 0.35.

Oak Ridge Financial Services (OTCMKTS:BKOR) last released its quarterly earnings results on Wednesday, July 31st. The company reported $0.46 earnings per share (EPS) for the quarter. The company had revenue of $6.60 million 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.