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Northway Financial, Inc. operates as the bank holding company for Northway Bank, a commercial bank that provides a range of financial products and services in the United States. The company offers checking, savings, money market, individual retirement, and municipal deposit accounts; certificates of deposit (CD); and debit and credit cards. It also provides mortgages; home equity loans and lines of credit; automobile, ATV, boat, and recreational vehicle loans; personal loans and lines of credit; savings or CD secured loans; municipal loan products; business acquisition financing; and working capital lines of credit, equipment financing and term loans, residential and commercial real estate loans, construction loans, consumer loans, and small business administration loans, as well as letters of credit. In addition, the company offers online and mobile banking services; cash management services comprising account analysis and reconciliation, automated sweep, lockbox, wire transfer, CD imaging, automated clearing house, and deposit express; overdraft prevention and protection services; and investment and insurance products. It operates through 17 branches, 1 loan production office, and 17 ATMs. The company was founded in 1997 and is headquartered in North Conway, New Hampshire.

Northway Financial Dividend Announcement

Northway Financial announced a semi annually dividend of $0.35 per ordinary share which will be made payable on 2024-08-12. Ex dividend date: 2024-08-05
Northway Financial annual dividend for 2024 was $0.70
Northway Financial annual dividend for 2023 was $0.70
Northway Financial's trailing twelve-month (TTM) dividend yield is 2.16%
Northway Financial's dividend growth over the last ten years (2013-2023) was 0.90% year

Northway Financial Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-05$0.35semi annually2024-08-12
2024-02-02$0.35semi annually2024-02-12
2023-08-04$0.35semi annually2023-08-14
2023-02-03$0.35semi annually2023-02-13
2022-08-05$0.35semi annually2022-08-15
2022-02-04$0.35semi annually2022-02-14
2021-08-06$0.35semi annually2021-08-16
2021-02-05$0.35semi annually2021-02-16
2020-08-07$0.35semi annually2020-08-17
2020-02-07$0.35semi annually2020-02-18
2019-08-02$0.35semi annually2019-08-12
2019-02-08$0.35semi annually2019-02-19
2018-08-03$0.35semi annually2018-08-13
2018-02-09$0.35semi annually2018-02-20
2017-08-03$0.32semi annually2017-08-14
2017-02-02$0.32semi annually2017-02-13
2016-08-11$0.32semi annually
2016-02-19$0.32semi annually
2015-08-06$0.32semi annually
2015-02-19$0.32semi annually
2014-08-14$0.32semi annually
2014-02-20$0.32semi annually
2013-08-07$0.32semi annually
2013-02-13$0.32semi annually

Northway Financial Dividend per year

Northway Financial Dividend growth

Northway Financial Dividend Yield

Northway Financial current trailing twelve-month (TTM) dividend yield is 2.16%. Interested in purchasing Northway Financial stock? Use our calculator to estimate your expected dividend yield:

Northway Financial Financial Ratios

P/E ratio19.03
PEG ratio1.45
P/B ratio1.12
ROE6.32%
Payout ratio0.00%
Current ratio0.45
Quick ratio0.45
Cash Ratio0.00

Northway Financial Dividend FAQ

How much is the next Northway Financial dividend?
Northway Financial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Northway Financial dividend. The next Northway Financial dividend will be released in February, or August.
When is Northway Financial dividend paid?
Northway Financial pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and August. 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 Northway Financial pay?
The specific amount of Northway Financial 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 Northway Financial's dividend history.
Does Northway Financial stock pay dividends?
Yes, Northway Financial 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 Northway Financial's dividend history.
How much dividend does Northway Financial pay?
Northway Financial paid $0.7 in 2024, $0.7 in 2023, $0.7 in 2022, $0.7 in 2021, and $0.7 in 2020.
How often does Northway Financial pay dividends?
Northway Financial typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around February, and August.
What is Northway Financial's dividend yield?
The current dividend yield for Northway Financial is 2.16%. 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 Northway Financial's exact dividend yield.
When does Northway Financial go ex dividend?
Northway Financial's ex-dividend date for the latest dividend was on 2024-08-05. Northway Financial 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 Northway Financial dividend paid?
Northway Financial pays dividends on a semi annually basis, typically around February, or August, but the exact dates can vary each year.
Will Northway Financial 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 Northway Financial 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 Northway Financial dividend per share?
Northway Financial paid $0.7 per share in 2024 and $0.7 per share in 2023. The amount of dividend per share that Northway Financial 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 Northway Financial 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 Northway Financial 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 Northway Financial a dividend stock?
Yes, Northway Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Northway Financial a good dividend stock?
Whether Northway Financial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Northway Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Northway Financial 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 Northway Financial pay dividends monthly?
Northway Financial typically pays dividends on a semi annually basis.
Does Northway Financial pay dividends quarterly?
Northway Financial currently pays dividends on a semi annually basis.
Has Northway Financial ever paid a dividend?
Yes, Northway Financial has a history of paying dividends to its shareholders. Northway Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Northway Financial dividend stocks?
To buy Northway Financial 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 Northway Financial 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 Northway Financial pay dividends 2024?
Northway Financial pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-12. 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 Northway Financial increase its dividend in 2024?
Decisions regarding Northway Financial 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 Northway Financial dividend overview you can look into the above table of dividend history.
How Northway Financial dividend works?
The Northway Financial 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 Northway Financial's dividend process works:

1. Determination of Dividend: Northway Financial'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, Northway Financial 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, Northway Financial 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 Northway Financial 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 Northway Financial dividends paid?
Northway Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Northway Financial 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, Northway Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Northway Financial 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 Northway Financial pay dividends?
Northway Financial typically pays dividends on a semi annually 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 Northway Financial pay dividends?
The general pattern is that Northway Financial pays dividends around February, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Northway Financial dividend safe?
The safety of Northway Financial'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 Northway Financial'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 Northway Financial'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.