Norwood Financial Corp. operates as the bank holding company for Wayne Bank that provides various banking products and services. The company accepts a range of deposit products, including interest-bearing and non-interest bearing transaction accounts, and statement savings and money market accounts, as well as certificate of deposits. It also provides various loans, such as commercial loans comprising lines of credit, revolving credit, term loans, mortgages, secured lending products, and letter of credit facilities; municipal finance lending; construction loans for commercial construction projects and single-family residences; land loans; consumer loans; mortgage lending to finance principal residences and second home dwellings; and indirect dealer financing of new and used automobiles, boats, and recreational vehicles. In addition, the company offers investment securities services; trust and investment products; and cash management, direct deposit, remote deposit capture, mobile deposit capture, mobile payment, automated clearing house activity, real estate settlement, and Internet and mobile banking services. Further, it engages in the annuity and mutual fund sale, and discount brokerage activities, as well as insurance agency business. The company serves consumers, businesses, nonprofit organizations, and municipalities. It operates fourteen offices in Northeastern Pennsylvania; and sixteen offices in Delaware, Sullivan, Ontario, Otsego, and Yates Counties, New York, as well as thirty-one automated teller machines. Norwood Financial Corp. was founded in 1870 and is headquartered in Honesdale, Pennsylvania.
Norwood Financial Dividend Announcement
• Norwood Financial announced a quarterly dividend of $0.30 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-10-18
• Norwood Financial annual dividend for 2024 was $1.20
• Norwood Financial annual dividend for 2023 was $1.16
• Norwood Financial's trailing twelve-month (TTM) dividend yield is 3.91%
• Norwood Financial's payout ratio for the trailing twelve months (TTM) is 74.99%
• Norwood Financial's dividend growth over the last five years (2018-2023) was 5.68% year
• Norwood Financial's dividend growth over the last ten years (2013-2023) was -4.30% year
Norwood Financial Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-18 | $0.30 | quarterly | 2024-11-01 |
| 2024-07-15 | $0.30 | quarterly | 2024-08-01 |
| 2024-04-12 | $0.30 | quarterly | 2024-05-01 |
| 2024-01-11 | $0.30 | quarterly | 2024-02-01 |
| 2023-10-12 | $0.29 | quarterly | 2023-11-01 |
| 2023-07-13 | $0.29 | quarterly | 2023-08-01 |
| 2023-04-13 | $0.29 | quarterly | 2023-05-01 |
| 2023-01-12 | $0.29 | quarterly | 2023-02-01 |
| 2022-10-13 | $0.28 | quarterly | 2022-11-01 |
| 2022-07-14 | $0.28 | quarterly | 2022-08-01 |
| 2022-04-13 | $0.28 | quarterly | 2022-05-02 |
| 2022-01-13 | $0.28 | quarterly | 2022-02-01 |
| 2021-10-14 | $0.26 | quarterly | 2021-11-01 |
| 2021-07-14 | $0.26 | quarterly | 2021-08-02 |
| 2021-04-14 | $0.26 | quarterly | 2021-05-03 |
| 2021-01-14 | $0.26 | quarterly | 2021-02-01 |
| 2020-10-14 | $0.25 | quarterly | 2020-11-02 |
| 2020-07-16 | $0.25 | quarterly | 2020-08-03 |
| 2020-04-14 | $0.25 | quarterly | 2020-05-01 |
| 2020-01-14 | $0.25 | quarterly | 2020-02-03 |
| 2019-10-11 | $0.24 | quarterly | 2019-11-01 |
| 2019-07-12 | $0.24 | quarterly | 2019-08-01 |
| 2019-04-12 | $0.24 | quarterly | 2019-05-01 |
| 2019-01-14 | $0.24 | quarterly | 2019-02-01 |
| 2018-10-12 | $0.22 | quarterly | 2018-11-01 |
| 2018-07-12 | $0.22 | quarterly | 2018-08-01 |
| 2018-04-12 | $0.22 | quarterly | 2018-05-01 |
| 2018-01-11 | $0.22 | quarterly | 2018-02-01 |
| 2017-10-12 | $0.22 | quarterly | 2017-11-01 |
| 2017-07-12 | $0.48 | quarterly | 2017-08-01 |
| 2017-04-11 | $0.48 | quarterly | 2017-05-01 |
| 2017-01-11 | $0.48 | quarterly | 2017-02-01 |
| 2016-10-12 | $0.47 | quarterly | 2016-11-01 |
| 2016-07-13 | $0.47 | quarterly | 2016-08-01 |
| 2016-04-13 | $0.47 | quarterly | 2016-05-02 |
| 2016-01-13 | $0.47 | quarterly | 2016-02-01 |
| 2015-10-13 | $0.47 | quarterly | 2015-11-02 |
| 2015-07-13 | $0.47 | quarterly | 2015-08-03 |
| 2015-04-13 | $0.47 | quarterly | 2015-05-01 |
| 2015-01-13 | $0.45 | quarterly | 2015-02-02 |
| 2014-10-10 | $0.45 | quarterly | 2014-11-03 |
| 2014-07-21 | $0.45 | quarterly | 2014-08-01 |
| 2014-04-11 | $0.45 | quarterly | 2014-05-01 |
| 2014-01-13 | $0.45 | quarterly | 2014-02-03 |
| 2013-10-10 | $0.43 | quarterly | 2013-11-01 |
| 2013-07-11 | $0.43 | quarterly | 2013-08-01 |
| 2013-04-11 | $0.47 | quarterly | 2013-05-01 |
| 2013-01-11 | $0.47 | quarterly | 2013-02-01 |
Norwood Financial Dividend per year
Norwood Financial Dividend growth
Norwood Financial Dividend Yield
Norwood Financial current trailing twelve-month (TTM) dividend yield is 3.91%. Interested in purchasing Norwood Financial stock? Use our calculator to estimate your expected dividend yield:
Norwood Financial Financial Ratios
P/E ratio19.24
PEG ratio-3.82
P/B ratio1.26
ROE6.94%
Payout ratio74.99%
Current ratio32.37
Quick ratio32.37
Cash Ratio1.27
Norwood Financial Dividend FAQ
How much is the next Norwood Financial dividend?
Norwood 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 Norwood Financial dividend. The next Norwood Financial dividend will be released in January, April, July, or October.
When is Norwood Financial dividend paid?
Norwood Financial pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. 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 Norwood Financial pay?
The specific amount of Norwood 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 Norwood Financial's dividend history.
Does Norwood Financial stock pay dividends?
Yes, Norwood 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 Norwood Financial's dividend history.
How much dividend does Norwood Financial pay?
Norwood Financial paid $1.2 in 2024, $1.16 in 2023, $1.12 in 2022, $1.04 in 2021, and $1.0 in 2020.
How often does Norwood Financial pay dividends?
Norwood Financial 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 January, April, July, and October.
What is Norwood Financial's dividend yield?
The current dividend yield for Norwood Financial is 3.91%. 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 Norwood Financial's exact dividend yield.
When does Norwood Financial go ex dividend?
Norwood Financial's ex-dividend date for the latest dividend was on 2024-10-18. Norwood 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 Norwood Financial dividend paid?
Norwood Financial pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Norwood 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 Norwood 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 Norwood Financial dividend per share?
Norwood Financial paid $1.2 per share in 2024 and $1.16 per share in 2023. The amount of dividend per share that Norwood 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 Norwood 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 Norwood 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 Norwood Financial a dividend stock?
Yes, Norwood Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Norwood Financial a good dividend stock?
Whether Norwood 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. Norwood Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Norwood 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.
Other factors to consider when evaluating Norwood 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 Norwood Financial pay dividends monthly?
Norwood Financial typically pays dividends on a quarterly basis.
Does Norwood Financial pay dividends quarterly?
Norwood Financial currently pays dividends on a quarterly basis.
Has Norwood Financial ever paid a dividend?
Yes, Norwood Financial has a history of paying dividends to its shareholders. Norwood Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Norwood Financial dividend stocks?
To buy Norwood 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 Norwood 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.
Place an order: Use the brokerage's trading platform to place an order to buy Norwood 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 Norwood Financial pay dividends 2024?
Norwood Financial pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-01. 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 Norwood Financial increase its dividend in 2024?
Decisions regarding Norwood 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 Norwood Financial dividend overview you can look into the above table of dividend history.
How Norwood Financial dividend works?
The Norwood 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 Norwood Financial's dividend process works:
1. Determination of Dividend: Norwood 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, Norwood 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, Norwood 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 Norwood 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.
1. Determination of Dividend: Norwood 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, Norwood 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, Norwood 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 Norwood 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 Norwood Financial dividends paid?
Norwood Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Norwood 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, Norwood 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: Norwood 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.
1. Record Date: Norwood 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, Norwood 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: Norwood 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 Norwood Financial pay dividends?
Norwood Financial 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 Norwood Financial pay dividends?
The general pattern is that Norwood Financial pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Norwood Financial dividend safe?
The safety of Norwood 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 Norwood 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 Norwood 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.
To assess the safety of Norwood 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 Norwood 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.