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| Cash Dividend On The Way From Orrstown Financial Services (ORRF)By Dividend Channel Staff, Thursday, February 1, 10:38 AM ET
On 2/5/24, Orrstown Financial Services, Inc. (NASDAQ:ORRF) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 2/13/24. As a percentage of ORRF's recent stock price of $27.68, this dividend works out to approximately 0.72%, so look for shares of Orrstown Financial Services, Inc. to trade 0.72% lower — all else being equal — when ORRF shares open for trading on 2/5/24. Below is a dividend history chart for ORRF, showing historical dividends prior to the most recent $0.20 declared by Orrstown Financial Services, Inc.: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ORRF is likely to continue, and whether the current estimated yield of 2.89% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ORRF shares, versus its 200 day moving average:
Looking at the chart above, ORRF's low point in its 52 week range is $15.52 per share, with $29.79 as the 52 week high point — that compares with a last trade of $27.68. Free Report: Top 8%+ Dividends (paid monthly)
In Thursday trading, Orrstown Financial Services, Inc. shares are currently down about 4.2% on the day.
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