Penns Woods Bancorp, Inc. operates as the bank holding company for Jersey Shore State Bank and Luzerne Bank, which provides commercial and retail banking services to individuals, partnerships, non-profit organizations, and corporations. It accepts time, demand, and savings deposits, including super NOW accounts, statement savings accounts, money market accounts, and certificates of deposit, as well as checking and individual retirement accounts. The company also offers loan products comprising residential, commercial, and construction real estate loans; agricultural loans for the purchase or improvement of real estate; commercial loans for the acquisition and improvement of real estate, purchase of equipment, and working capital purposes; letters of credit; consumer loans, such as construction and residential mortgages, home equity loans and lines, automobile financing, personal loans and lines of credit, and overdraft and check lines; and revolving credit loans with overdraft protection. In addition, it provides securities brokerage and financial planning services, which include the sale of life insurance products, annuities, and estate planning services; property and casualty, and auto insurance products; safe deposit services; ATM services; and Internet and telephone banking services. Further, the company engages in real estate transactions and investment activities. It operates through a network of twenty-seven offices located in Clinton, Lycoming, Centre, Montour, Union, Blair, and Luzerne Counties, Pennsylvania. The company was founded in 1907 and is headquartered in Williamsport, Pennsylvania.
Penns Woods Bancorp Dividend Announcement
• Penns Woods Bancorp announced a quarterly dividend of $0.32 per ordinary share which will be made payable on 2024-09-24. Ex dividend date: 2024-09-10
• Penns Woods Bancorp annual dividend for 2024 was $0.96
• Penns Woods Bancorp annual dividend for 2023 was $1.28
• Penns Woods Bancorp's trailing twelve-month (TTM) dividend yield is 5.26%
• Penns Woods Bancorp's payout ratio for the trailing twelve months (TTM) is 55.72%
• Penns Woods Bancorp's dividend growth over the last five years (2018-2023) was -7.40% year
• Penns Woods Bancorp's dividend growth over the last ten years (2013-2023) was -4.97% year
Penns Woods Bancorp Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-10 | $0.32 | quarterly | 2024-09-24 |
| 2024-06-11 | $0.32 | quarterly | 2024-06-25 |
| 2024-03-11 | $0.32 | quarterly | 2024-03-26 |
| 2023-12-11 | $0.32 | quarterly | 2023-12-22 |
| 2023-09-01 | $0.32 | quarterly | 2023-09-19 |
| 2023-06-05 | $0.32 | quarterly | 2023-06-20 |
| 2023-03-13 | $0.32 | quarterly | 2023-03-28 |
| 2022-12-05 | $0.32 | quarterly | 2022-12-20 |
| 2022-09-02 | $0.32 | quarterly | 2022-09-20 |
| 2022-06-06 | $0.32 | quarterly | 2022-06-21 |
| 2022-03-07 | $0.32 | quarterly | 2022-03-22 |
| 2021-12-06 | $0.32 | quarterly | 2021-12-21 |
| 2021-09-03 | $0.32 | quarterly | 2021-09-21 |
| 2021-06-07 | $0.32 | quarterly | 2021-06-22 |
| 2021-03-08 | $0.32 | quarterly | 2021-03-23 |
| 2020-12-07 | $0.32 | quarterly | 2020-12-22 |
| 2020-09-04 | $0.32 | quarterly | 2020-09-22 |
| 2020-06-08 | $0.32 | quarterly | 2020-06-23 |
| 2020-03-09 | $0.32 | quarterly | 2020-03-24 |
| 2019-12-09 | $0.32 | quarterly | 2019-12-23 |
| 2019-09-09 | $0.47 | quarterly | 2019-09-24 |
| 2019-06-10 | $0.47 | quarterly | 2019-06-25 |
| 2019-03-11 | $0.47 | quarterly | 2019-03-26 |
| 2018-12-10 | $0.47 | quarterly | 2018-12-24 |
| 2018-09-10 | $0.47 | quarterly | 2018-09-25 |
| 2018-06-04 | $0.47 | quarterly | 2018-06-19 |
| 2018-03-12 | $0.47 | quarterly | 2018-03-27 |
| 2017-12-12 | $0.47 | quarterly | 2017-12-22 |
| 2017-09-11 | $0.47 | quarterly | 2017-09-26 |
| 2017-06-02 | $0.47 | quarterly | 2017-06-20 |
| 2017-03-10 | $0.47 | quarterly | 2017-03-28 |
| 2016-12-02 | $0.47 | quarterly | 2016-12-20 |
| 2016-09-01 | $0.47 | quarterly | 2016-09-20 |
| 2016-06-03 | $0.47 | quarterly | 2016-06-21 |
| 2016-03-04 | $0.47 | quarterly | 2016-03-22 |
| 2015-12-04 | $0.47 | quarterly | 2015-12-22 |
| 2015-09-03 | $0.47 | quarterly | 2015-09-22 |
| 2015-06-05 | $0.47 | quarterly | 2015-06-23 |
| 2015-03-06 | $0.47 | quarterly | 2015-03-24 |
| 2014-12-05 | $0.47 | quarterly | 2014-12-23 |
| 2014-09-05 | $0.47 | quarterly | 2014-09-23 |
| 2014-06-06 | $0.47 | quarterly | 2014-06-24 |
| 2014-03-07 | $0.47 | quarterly | 2014-03-25 |
| 2013-12-06 | $0.47 | quarterly | 2013-12-20 |
| 2013-09-06 | $0.47 | quarterly | 2013-09-24 |
| 2013-06-07 | $0.47 | quarterly | 2013-06-25 |
| 2013-03-22 | $0.25 | quarterly | 2013-04-09 |
| 2013-03-07 | $0.47 | quarterly | 2013-03-25 |
Penns Woods Bancorp Dividend per year
Penns Woods Bancorp Dividend growth
Penns Woods Bancorp Dividend Yield
Penns Woods Bancorp current trailing twelve-month (TTM) dividend yield is 5.26%. Interested in purchasing Penns Woods Bancorp stock? Use our calculator to estimate your expected dividend yield:
Penns Woods Bancorp Financial Ratios
P/E ratio10.80
PEG ratio0.73
P/B ratio0.93
ROE8.97%
Payout ratio55.72%
Current ratio0.04
Quick ratio0.08
Cash Ratio0.03
Penns Woods Bancorp Dividend FAQ
How much is the next Penns Woods Bancorp dividend?
Penns Woods 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 Penns Woods Bancorp dividend. The next Penns Woods Bancorp dividend will be released in March, June, September, or December.
When is Penns Woods Bancorp dividend paid?
Penns Woods Bancorp pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. 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 Penns Woods Bancorp pay?
The specific amount of Penns Woods 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 Penns Woods Bancorp's dividend history.
Does Penns Woods Bancorp stock pay dividends?
Yes, Penns Woods 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 Penns Woods Bancorp's dividend history.
How much dividend does Penns Woods Bancorp pay?
Penns Woods Bancorp paid $0.96 in 2024, $1.28 in 2023, $1.28 in 2022, $1.28 in 2021, and $1.28 in 2020.
How often does Penns Woods Bancorp pay dividends?
Penns Woods 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, September, and December.
What is Penns Woods Bancorp's dividend yield?
The current dividend yield for Penns Woods Bancorp is 5.26%. 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 Penns Woods Bancorp's exact dividend yield.
When does Penns Woods Bancorp go ex dividend?
Penns Woods Bancorp's ex-dividend date for the latest dividend was on 2024-09-10. Penns Woods 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 Penns Woods Bancorp dividend paid?
Penns Woods Bancorp pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Penns Woods 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 Penns Woods 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 Penns Woods Bancorp dividend per share?
Penns Woods Bancorp paid $0.96 per share in 2024 and $1.28 per share in 2023. The amount of dividend per share that Penns Woods 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 Penns Woods 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 Penns Woods 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 Penns Woods Bancorp a dividend stock?
Yes, Penns Woods Bancorp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Penns Woods Bancorp a good dividend stock?
Whether Penns Woods 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. Penns Woods Bancorp has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Penns Woods 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 Penns Woods 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 Penns Woods Bancorp pay dividends monthly?
Penns Woods Bancorp typically pays dividends on a quarterly basis.
Does Penns Woods Bancorp pay dividends quarterly?
Penns Woods Bancorp currently pays dividends on a quarterly basis.
Has Penns Woods Bancorp ever paid a dividend?
Yes, Penns Woods Bancorp has a history of paying dividends to its shareholders. Penns Woods Bancorp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Penns Woods Bancorp dividend stocks?
To buy Penns Woods 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 Penns Woods 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 Penns Woods 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 Penns Woods Bancorp pay dividends 2024?
Penns Woods Bancorp pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-24. 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 Penns Woods Bancorp increase its dividend in 2024?
Decisions regarding Penns Woods 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 Penns Woods Bancorp dividend overview you can look into the above table of dividend history.
How Penns Woods Bancorp dividend works?
The Penns Woods 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 Penns Woods Bancorp's dividend process works:
1. Determination of Dividend: Penns Woods 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, Penns Woods 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, Penns Woods 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 Penns Woods 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: Penns Woods 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, Penns Woods 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, Penns Woods 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 Penns Woods 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 Penns Woods Bancorp dividends paid?
Penns Woods Bancorp dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Penns Woods 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, Penns Woods 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: Penns Woods 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: Penns Woods 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, Penns Woods 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: Penns Woods 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 Penns Woods Bancorp pay dividends?
Penns Woods 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 Penns Woods Bancorp pay dividends?
The general pattern is that Penns Woods Bancorp pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Penns Woods Bancorp dividend safe?
The safety of Penns Woods 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 Penns Woods 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 Penns Woods 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 Penns Woods 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 Penns Woods 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.