Codorus Valley Bancorp, Inc. operates as the bank holding company for the PeoplesBank that provides community banking services. The company accepts demand, money market, time, and savings deposits, as well as certificates of deposit. It also offers commercial loans, such as builder and developer, commercial and residential real estate investor, hotel/motel, wholesale and retail, agriculture, manufacturing, and other loans; consume loans, including residential mortgage, home equity, and others. In addition, the company provides mortgage and wealth management services; and sells non-deposit investment products. It operates through twenty-five full service financial centers located in South Central Pennsylvania and Central Maryland. The company was founded in 1864 and is headquartered in York, Pennsylvania.
Codorus Valley Bancorp Dividend Announcement
• Codorus Valley Bancorp announced a quarterly dividend of $0.17 per ordinary share which will be made payable on 2024-05-14. Ex dividend date: 2024-05-06
• Codorus Valley Bancorp annual dividend for 2024 was $0.34
• Codorus Valley Bancorp annual dividend for 2023 was $0.66
• Codorus Valley Bancorp's trailing twelve-month (TTM) dividend yield is 1.41%
• Codorus Valley Bancorp's payout ratio for the trailing twelve months (TTM) is 28.98%
• Codorus Valley Bancorp's dividend growth over the last five years (2018-2023) was 1.26% year
• Codorus Valley Bancorp's dividend growth over the last ten years (2013-2023) was 3.81% year
Codorus Valley Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-06 | $0.17 | quarterly | 2024-05-14 |
2024-01-22 | $0.17 | quarterly | 2024-02-13 |
2023-10-23 | $0.17 | quarterly | 2023-11-14 |
2023-07-24 | $0.17 | quarterly | 2023-08-08 |
2023-04-24 | $0.16 | quarterly | 2023-05-09 |
2023-01-23 | $0.16 | quarterly | 2023-02-14 |
2022-10-24 | $0.15 | quarterly | 2022-11-08 |
2022-07-25 | $0.15 | quarterly | 2022-08-09 |
2022-04-25 | $0.15 | quarterly | 2022-05-10 |
2022-01-24 | $0.15 | quarterly | 2022-02-08 |
2021-10-25 | $0.15 | quarterly | 2021-11-09 |
2021-07-26 | $0.02 | quarterly | 2021-08-10 |
2021-04-26 | $0.02 | quarterly | 2021-05-11 |
2021-01-25 | $0.02 | quarterly | 2021-02-09 |
2020-10-26 | $0.10 | quarterly | 2020-11-10 |
2020-07-27 | $0.10 | quarterly | 2020-08-11 |
2020-04-27 | $0.16 | quarterly | 2020-05-12 |
2020-01-27 | $0.16 | quarterly | 2020-02-11 |
2019-10-21 | $0.16 | quarterly | 2019-11-12 |
2019-07-22 | $0.16 | quarterly | 2019-08-13 |
2019-04-22 | $0.16 | quarterly | 2019-05-14 |
2019-01-18 | $0.16 | quarterly | 2019-02-12 |
2018-10-22 | $0.15 | quarterly | 2018-11-13 |
2018-07-23 | $0.15 | quarterly | 2018-08-14 |
2018-04-23 | $0.15 | quarterly | 2018-05-08 |
2018-01-22 | $0.15 | quarterly | 2018-02-13 |
2017-10-23 | $0.14 | quarterly | 2017-11-14 |
2017-07-21 | $0.14 | quarterly | 2017-08-08 |
2017-04-21 | $0.14 | quarterly | 2017-05-09 |
2017-01-20 | $0.14 | quarterly | 2017-02-14 |
2016-10-21 | $0.12 | quarterly | 2016-11-08 |
2016-07-22 | $0.13 | quarterly | 2016-08-09 |
2016-04-22 | $0.13 | quarterly | 2016-05-10 |
2016-01-22 | $0.13 | quarterly | 2016-02-09 |
2015-10-23 | $0.12 | quarterly | 2015-11-10 |
2015-07-24 | $0.13 | quarterly | 2015-08-11 |
2015-04-24 | $0.12 | quarterly | 2015-05-12 |
2015-01-23 | $0.12 | quarterly | 2015-02-10 |
2014-10-24 | $0.12 | quarterly | 2014-12-09 |
2014-07-18 | $0.12 | quarterly | 2014-08-12 |
2014-04-17 | $0.12 | quarterly | 2014-05-13 |
2014-01-24 | $0.12 | quarterly | 2014-02-11 |
2013-10-18 | $0.11 | quarterly | 2013-12-10 |
2013-07-19 | $0.12 | quarterly | 2013-08-13 |
2013-04-19 | $0.11 | quarterly | 2013-05-14 |
2013-01-17 | $0.11 | quarterly | 2013-02-12 |
Codorus Valley Bancorp Dividend per year
Codorus Valley Bancorp Dividend growth
Codorus Valley Bancorp Dividend Yield
Codorus Valley Bancorp current trailing twelve-month (TTM) dividend yield is 1.41%. Interested in purchasing Codorus Valley Bancorp stock? Use our calculator to estimate your expected dividend yield:
Codorus Valley Bancorp Financial Ratios
Codorus Valley Bancorp Dividend FAQ
Other factors to consider when evaluating Codorus Valley Bancorp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Codorus Valley Bancorp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Codorus Valley Bancorp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Codorus Valley Bancorp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Codorus Valley Bancorp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Codorus Valley Bancorp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Codorus Valley Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Codorus Valley Bancorp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Codorus Valley Bancorp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Codorus Valley Bancorp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.