Wayne Savings Bancshares, Inc. operates as the holding company for Wayne Savings Community Bank that provides personal and business banking products and services to individuals, businesses, and other organizations. The company offers checking, savings, money market, and term certificate accounts, as well as certificates of deposit. It also provides residential mortgage, commercial, installment, residential and nonresidential real estate, commercial real estate, residential construction, multi-family real estate, land, commercial business, consumer, home, home equity, auto, recreational vehicle, personal, furniture and appliance, agriculture, and term loans, as well as lines of credit, government guaranteed programs, and standby letters of credit. In addition, the company offers financial planning, retirement planning, investment advisory, insurance, and wealth management and trust services. Further, it provides overdraft protection, re-order check, remote deposit capture, merchant, sweep, online and mobile banking, and bill pay services, as well as debit, credit, and gift cards. As of January 20, 2022, the company operated through twelve full-service banking locations in the communities of Wooster, Ashland, Millersburg, Rittman, Lodi, North Canton, Creston, Fredericksburg, and Washingtonville, Ohio. Wayne Savings Bancshares, Inc. was founded in 1899 and is based in Wooster, Ohio.
Waynevings Bancshares Dividend Announcement
• Waynevings Bancshares announced a quarterly dividend of $0.23 per ordinary share which will be made payable on 2024-05-01. Ex dividend date: 2024-04-16
• Waynevings Bancshares annual dividend for 2024 was $0.46
• Waynevings Bancshares annual dividend for 2023 was $0.92
• Waynevings Bancshares's trailing twelve-month (TTM) dividend yield is 1.9%
• Waynevings Bancshares's dividend growth over the last five years (2018-2023) was 10.05% year
• Waynevings Bancshares's dividend growth over the last ten years (2013-2023) was 11.86% year
Waynevings Bancshares Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-16 | $0.23 | quarterly | 2024-05-01 |
2024-01-09 | $0.23 | quarterly | 2024-01-24 |
2023-10-17 | $0.23 | quarterly | 2023-11-01 |
2023-07-18 | $0.23 | quarterly | 2023-08-02 |
2023-04-18 | $0.23 | quarterly | 2023-05-03 |
2023-01-10 | $0.23 | quarterly | 2023-01-24 |
2022-10-18 | $0.23 | quarterly | 2022-11-02 |
2022-07-19 | $0.23 | quarterly | 2022-08-03 |
2022-04-19 | $0.23 | quarterly | 2022-05-04 |
2022-01-04 | $0.21 | quarterly | 2022-01-19 |
2021-10-19 | $0.21 | quarterly | 2021-11-03 |
2021-07-13 | $0.21 | quarterly | 2021-07-28 |
2021-04-13 | $0.21 | quarterly | 2021-04-28 |
2021-01-05 | $0.20 | quarterly | 2021-01-20 |
2020-10-13 | $0.20 | quarterly | 2020-10-28 |
2020-07-14 | $0.20 | quarterly | 2020-07-29 |
2020-04-14 | $0.20 | quarterly | 2020-04-29 |
2020-01-07 | $0.20 | quarterly | 2020-01-22 |
2019-10-15 | $0.20 | quarterly | 2019-10-30 |
2019-07-16 | $0.19 | quarterly | 2019-07-31 |
2019-04-16 | $0.17 | quarterly | 2019-05-01 |
2019-01-08 | $0.16 | quarterly | 2019-01-23 |
2018-10-16 | $0.15 | quarterly | 2018-10-31 |
2018-07-17 | $0.11 | quarterly | 2018-08-01 |
2018-04-10 | $0.11 | quarterly | 2018-04-25 |
2018-01-09 | $0.10 | quarterly | 2018-01-24 |
2018-01-08 | $0.10 | quarterly | 2018-01-24 |
2017-10-17 | $0.09 | quarterly | 2017-11-01 |
2017-07-10 | $0.09 | quarterly | 2017-07-26 |
2017-04-10 | $0.09 | quarterly | 2017-04-26 |
2017-01-09 | $0.09 | quarterly | 2017-01-25 |
2016-10-07 | $0.09 | quarterly | 2016-10-26 |
2016-07-11 | $0.09 | quarterly | 2016-07-27 |
2016-04-11 | $0.09 | quarterly | 2016-04-27 |
2016-01-04 | $0.09 | quarterly | 2016-01-20 |
2015-10-09 | $0.09 | quarterly | 2015-10-28 |
2015-07-13 | $0.09 | quarterly | 2015-07-29 |
2015-04-13 | $0.09 | quarterly | 2015-04-29 |
2015-01-05 | $0.09 | quarterly | 2015-01-21 |
2014-10-10 | $0.09 | quarterly | 2014-10-29 |
2014-07-14 | $0.09 | quarterly | 2014-07-30 |
2014-04-14 | $0.08 | quarterly | 2014-04-30 |
2014-01-06 | $0.08 | quarterly | 2014-01-22 |
2013-10-11 | $0.08 | quarterly | 2013-10-30 |
2013-07-15 | $0.08 | quarterly | 2013-07-31 |
2013-04-15 | $0.07 | quarterly | 2013-05-01 |
2013-01-07 | $0.07 | quarterly | 2013-01-23 |
Waynevings Bancshares Dividend per year
Waynevings Bancshares Dividend growth
Waynevings Bancshares Dividend Yield
Waynevings Bancshares current trailing twelve-month (TTM) dividend yield is 1.9%. Interested in purchasing Waynevings Bancshares stock? Use our calculator to estimate your expected dividend yield:
Waynevings Bancshares Financial Ratios
Waynevings Bancshares Dividend FAQ
Other factors to consider when evaluating Waynevings Bancshares 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: Waynevings Bancshares'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, Waynevings Bancshares 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, Waynevings Bancshares 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 Waynevings Bancshares 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: Waynevings Bancshares 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, Waynevings Bancshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Waynevings Bancshares 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 Waynevings Bancshares'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 Waynevings Bancshares'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.