Oregon Bancorp, Inc. (OTCBB: ORBN) Declares $0.20 Quarterly Dividend Payment - InvestingPro Insights Revealed!
Oregon Bancorp, Inc., the holding company for Willamette Valley Bank, has announced a quarterly dividend payment of $0.20 per share. This payment is scheduled for October 15, 2024, for shareholders on record as of October 1, 2024. The company, known for its community banking services, operates four branches in Oregon and manages six Home Loan Centers across Oregon and Idaho.
Investors should note that while the company has made forward-looking statements, caution is advised as these are subject to risks and uncertainties. Oregon Bancorp, Inc. has emphasized that actual results may differ from projections made in these statements.
InvestingPro Insights reveal that Oregon Bancorp, Inc. has a solid track record of maintaining dividend payments for 10 consecutive years, indicating financial stability and profitability. The company's market capitalization is $48.27 million, with a price-to-earnings (P/E) ratio of 17.22, suggesting reasonable valuation. Despite a challenging revenue growth rate, the company's operating income margin remains strong at 13.16%.
For investors interested in stock performance, the dividend yield is 4.06%, with a decreased dividend growth rate. As the next earnings date approaches on October 18, 2024, investors will be watching closely to see if the company can sustain its dividend payments. The InvestingPro Fair Value estimate of $16.29 provides a benchmark for evaluating the stock price.
In conclusion, Oregon Bancorp, Inc.'s dividend announcement reflects its commitment to shareholder value. Investors should consider the company's financial stability, profitability, and historical performance before making investment decisions. Stay informed with InvestingPro for more tips and analysis on Oregon Bancorp, Inc.