Finward Bancorp operates as the holding company for Peoples Bank that provides various banking products and services. The company's deposit products include non-interest and interest bearing demand accounts, savings accounts, money market deposit accounts, certificate accounts, and retirement savings plans. Its loan products portfolio comprises residential mortgage loans that enable borrowers to purchase existing homes, refinance existing homes, or construct new homes; construction loans primarily to individuals and contractors; commercial real estate loans; consumer loans to individuals for personal, household, or family purposes; home equity line of credit; home improvement loans and equity loans; commercial business loans; government loans; and loans to municipalities. The company also offers estate and retirement planning services, guardianships, land trusts, profit sharing and 401(k) retirement plans, IRA and Keogh accounts, and investment agency accounts, as well as serves as the personal representative of estates, and acts as trustee for revocable and irrevocable trusts. In addition, it provides insurance and annuity investments to wealth management customers; holds real estate properties; and operates as a real estate investment trust. As of March 2, 2022, the company operated through 30 locations in Lake and Porter counties in Northwest Indiana and South Chicagoland. The company was formerly known as NorthWest Indiana Bancorp and changed its name to Finward Bancorp in May 2021. Finward Bancorp was incorporated in 1994 and is headquartered in Munster, Indiana.
Finward Bancorp Dividend Announcement
• Finward Bancorp announced a quarterly dividend of $0.12 per ordinary share which will be made payable on 2024-10-31. Ex dividend date: 2024-10-18
• Finward Bancorp annual dividend for 2024 was $0.48
• Finward Bancorp annual dividend for 2023 was $0.93
• Finward Bancorp's trailing twelve-month (TTM) dividend yield is 1.55%
• Finward Bancorp's payout ratio for the trailing twelve months (TTM) is 25.02%
• Finward Bancorp's dividend growth over the last five years (2018-2023) was -4.81% year
• Finward Bancorp's dividend growth over the last ten years (2013-2023) was 0.90% year
Finward Bancorp Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-18 | $0.12 | quarterly | 2024-10-31 |
| 2024-07-19 | $0.12 | quarterly | 2024-08-01 |
| 2024-04-22 | $0.12 | quarterly | 2024-05-06 |
| 2024-01-22 | $0.12 | quarterly | 2024-02-05 |
| 2023-09-21 | $0.31 | quarterly | 2023-10-05 |
| 2023-06-22 | $0.31 | quarterly | 2023-07-06 |
| 2023-03-23 | $0.31 | quarterly | 2023-04-06 |
| 2022-12-27 | $0.31 | quarterly | 2023-01-06 |
| 2022-09-27 | $0.31 | quarterly | 2022-10-05 |
| 2022-06-23 | $0.31 | quarterly | 2022-07-07 |
| 2022-03-24 | $0.31 | quarterly | 2022-04-04 |
| 2021-12-28 | $0.31 | quarterly | 2022-01-07 |
| 2021-09-23 | $0.31 | quarterly | 2021-10-05 |
| 2021-06-24 | $0.31 | quarterly | 2021-07-07 |
| 2021-03-25 | $0.31 | quarterly | 2021-04-08 |
| 2020-12-24 | $0.31 | quarterly | 2021-01-08 |
| 2020-09-24 | $0.31 | quarterly | 2020-10-02 |
| 2020-06-25 | $0.31 | quarterly | 2020-07-03 |
| 2020-03-26 | $0.31 | quarterly | 2020-04-03 |
| 2019-12-26 | $0.31 | quarterly | 2020-01-07 |
| 2019-09-26 | $0.31 | quarterly | 2019-10-03 |
| 2019-06-27 | $0.31 | quarterly | 2019-07-05 |
| 2019-03-28 | $0.30 | quarterly | 2019-04-05 |
| 2018-12-27 | $0.30 | quarterly | 2019-01-08 |
| 2018-09-27 | $0.30 | quarterly | 2018-10-09 |
| 2018-06-28 | $0.30 | quarterly | 2018-07-11 |
| 2018-03-28 | $0.29 | quarterly | 2018-04-06 |
| 2017-12-28 | $0.29 | quarterly | 2018-01-09 |
| 2017-09-28 | $0.29 | quarterly | 2017-10-05 |
| 2017-06-28 | $0.29 | quarterly | 2017-07-07 |
| 2017-03-29 | $0.28 | quarterly | 2017-04-07 |
| 2016-12-28 | $0.28 | quarterly | 2017-01-10 |
| 2016-09-21 | $0.28 | quarterly | 2016-10-04 |
| 2016-06-22 | $0.28 | quarterly | 2016-07-06 |
| 2016-03-22 | $0.27 | quarterly | 2016-04-05 |
| 2015-12-23 | $0.27 | quarterly | 2016-01-06 |
| 2015-09-23 | $0.27 | quarterly | 2015-10-02 |
| 2015-06-30 | $0.27 | quarterly | 2015-07-09 |
| 2015-03-25 | $0.25 | quarterly | 2015-04-02 |
| 2014-12-23 | $0.25 | quarterly | 2015-01-02 |
| 2014-09-24 | $0.25 | quarterly | 2014-10-03 |
| 2014-06-25 | $0.25 | quarterly | 2014-07-03 |
| 2014-03-26 | $0.22 | quarterly | 2014-04-04 |
| 2013-12-24 | $0.22 | quarterly | 2014-01-03 |
| 2013-09-25 | $0.22 | quarterly | 2013-10-04 |
| 2013-06-26 | $0.22 | quarterly | 2013-07-09 |
| 2013-03-26 | $0.19 | quarterly | 2013-04-05 |
Finward Bancorp Dividend per year
Finward Bancorp Dividend growth
Finward Bancorp Dividend Yield
Finward Bancorp current trailing twelve-month (TTM) dividend yield is 1.55%. Interested in purchasing Finward Bancorp stock? Use our calculator to estimate your expected dividend yield:
Finward Bancorp Financial Ratios
P/E ratio11.41
PEG ratio0.11
P/B ratio0.83
ROE7.60%
Payout ratio25.02%
Current ratio5.76
Quick ratio5.76
Cash Ratio0.22
Finward Bancorp Dividend FAQ
How much is the next Finward Bancorp dividend?
Finward Bancorp's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Finward Bancorp dividend. The next Finward Bancorp dividend will be released in March, June, or September.
When is Finward Bancorp dividend paid?
Finward Bancorp pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Finward Bancorp pay?
The specific amount of Finward Bancorp dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Finward Bancorp's dividend history.
Does Finward Bancorp stock pay dividends?
Yes, Finward Bancorp does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Finward Bancorp's dividend history.
How much dividend does Finward Bancorp pay?
Finward Bancorp paid $0.48 in 2024, $0.93 in 2023, $1.24 in 2022, $1.24 in 2021, and $1.24 in 2020.
How often does Finward Bancorp pay dividends?
Finward Bancorp typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, and September.
What is Finward Bancorp's dividend yield?
The current dividend yield for Finward Bancorp is 1.55%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Finward Bancorp's exact dividend yield.
When does Finward Bancorp go ex dividend?
Finward Bancorp's ex-dividend date for the latest dividend was on 2024-10-18. Finward Bancorp typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Finward Bancorp dividend paid?
Finward Bancorp pays dividends on a quarterly basis, typically around March, June, or September, but the exact dates can vary each year.
Will Finward Bancorp increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Finward Bancorp will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Finward Bancorp dividend per share?
Finward Bancorp paid $0.48 per share in 2024 and $0.93 per share in 2023. The amount of dividend per share that Finward Bancorp pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Finward Bancorp a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Finward Bancorp a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Finward Bancorp a dividend stock?
Yes, Finward Bancorp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Finward Bancorp a good dividend stock?
Whether Finward Bancorp is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Finward Bancorp has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Finward 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.
Other factors to consider when evaluating Finward 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.
Does Finward Bancorp pay dividends monthly?
Finward Bancorp typically pays dividends on a quarterly basis.
Does Finward Bancorp pay dividends quarterly?
Finward Bancorp currently pays dividends on a quarterly basis.
Has Finward Bancorp ever paid a dividend?
Yes, Finward Bancorp has a history of paying dividends to its shareholders. Finward Bancorp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Finward Bancorp dividend stocks?
To buy Finward Bancorp you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Finward Bancorp stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Finward Bancorp stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Finward Bancorp pay dividends 2024?
Finward Bancorp pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-31. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Finward Bancorp increase its dividend in 2024?
Decisions regarding Finward Bancorp dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Finward Bancorp dividend overview you can look into the above table of dividend history.
How Finward Bancorp dividend works?
The Finward Bancorp dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Finward Bancorp's dividend process works:
1. Determination of Dividend: Finward 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, Finward 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, Finward 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 Finward 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. Determination of Dividend: Finward 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, Finward 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, Finward 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 Finward 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.
How are Finward Bancorp dividends paid?
Finward Bancorp dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Finward 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, Finward 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: Finward 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.
1. Record Date: Finward 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, Finward 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: Finward 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.
How many times does Finward Bancorp pay dividends?
Finward Bancorp typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Finward Bancorp pay dividends?
The general pattern is that Finward Bancorp pays dividends around March, June, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Finward Bancorp dividend safe?
The safety of Finward Bancorp's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Finward 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 Finward 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.
To assess the safety of Finward 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 Finward 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.