Oregon Bancorp (OTCMKTS:ORBN) Shares Down 3.1% – Should You Sell?

Oregon Bancorp, Inc. (OTCMKTS:ORBN)’s stock price traded down 3.1% during mid-day trading on Friday . The stock traded as low as $21.60 and last traded at $21.60. 5,400 shares traded hands during mid-day trading, an increase of 125% from the average session volume of 2,400 shares. The stock had previously closed at $22.30.

Oregon Bancorp Stock Performance

The business’s 50 day simple moving average is $22.59 and its 200 day simple moving average is $20.66.

Oregon Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Thursday, January 2nd will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a $0.80 annualized dividend and a dividend yield of 3.70%.

About Oregon Bancorp

Oregon Bancorp, Inc operates as the bank holding company for Willamette Valley Bank that provides banking services to businesses and individuals. It operates through two segments, Community Banking and Home Mortgage Lending. The company offers checking and savings accounts, retirement accounts, and certificate of deposits, as well as debit and credit cards, cash management, money market, and digital banking services.