dividend
confidence high
sentiment positive
materiality 0.50
Norwood Financial Corp increases quarterly dividend to $0.30, marks 32nd consecutive year of increases
NORWOOD FINANCIAL CORP
- Board declared $0.30 per share quarterly dividend, payable February 1, 2024 to shareholders of record January 12, 2024.
- Dividend increased 3.5% over Q3 2023 and Q4 2022 rates; total 2023 dividends per share $1.17 vs $1.13 in 2022.
- This marks the 32nd consecutive year of dividend increases for Norwood Financial Corp, reflecting financial strength.
- As of Sep 30, 2023: total assets $2.180B, loans $1.611B, deposits $1.747B, equity $164.7M.