By Stephen Nakrosis
Ohio Valley Banc Corp. on Wednesday said its board approved a special dividend of 15 cents per share of common stock.
The dividend will be payable June 10 to shareholders of record at the close of business on June 1, the company said.
Tom Wiseman, the company’s chairman, said the special dividend “not only celebrates our 150 years in business but also comes a direct result of our record earnings obtained in 2022.”
Last month, the company raised its regular quarterly dividend to 22 cents per share from 21 cents per share.
Ohio Valley Banc Corp. is based in Gallipolis, Ohio, and is the parent company of Ohio Valley Bank and Loan Central.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com