Attached files

file filename
8-K - FORM 8-K - OLD POINT FINANCIAL CORPform8k.htm
Exhibit 99.1

 
FOR IMMEDIATE RELEASE

Old Point Financial Corporation Declares Quarterly Dividend

HAMPTON, Va., August 16, 2018 (PRNewswire) - On August 14, 2018 the Board of Directors of Old Point Financial Corporation declared a quarterly cash dividend of $0.11 per share on its common capital stock to be paid on September 28, 2018 to shareholders of record as of August 31, 2018. Based on the stock's closing price of $28.48 on August 15, 2018, the dividend yield is approximately 1.5%. The dividend is consistent with the prior quarter's dividend.

ABOUT OLD POINT FINANCIAL CORPORATION
Old Point Financial Corporation (NASDAQ: OPOF) is the parent company of The Old Point National Bank of Phoebus, a locally owned and managed community bank based in Hampton, Virginia serving all of Hampton Roads; and Old Point Trust & Financial Services, N.A., a Hampton Roads wealth management services provider. Additional information on the Company is available at www.OldPoint.com under "Investor Relations".

Contact:  Laura Wright, Marketing Director, 757.728.1743