Codorus Valley Bancorp's last quarterly dividend of $0.16 per share was on Jan 23, 2023 (ex-date). At an annualized rate of $0.61 per share, the stock yields 2.53%. The latest CVLY payout of $0.16 marks a dividend growth of 7%.
Codorus Valley Bancorp's dividend yield of 2.53% is below the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 2.72%, Codorus Valley Bancorp's dividend yield is 7% lower. The current dividend yield is lower than the historical average of 2.8% of the last 5 years.
Codorus Valley Bancorp has a history of paying dividends since 1997. Our records of CVLY show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 17% since one year ago. And with the stock price up by 11% from a year ago, the dividend yield has grown by 6%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jan 23, 2023 | Feb 14, 2023 | Jan 10, 2023 | $0.16 | normal |
| Oct 24, 2022 | Nov 8, 2022 | Oct 11, 2022 | $0.15 | normal |
| Jul 25, 2022 | Aug 9, 2022 | Jul 12, 2022 | $0.15 | normal |
| Apr 25, 2022 | May 10, 2022 | Apr 12, 2022 | $0.15 | normal |
| Jan 24, 2022 | Feb 8, 2022 | Jan 12, 2022 | $0.15 | normal |
| Oct 25, 2021 | Nov 9, 2021 | Oct 13, 2021 | $0.15 | normal |
| Jul 26, 2021 | Aug 10, 2021 | Jul 14, 2021 | $0.11 | normal |
| Jul 26, 2021 | Aug 10, 2021 | Jul 14, 2021 | $0.02 | special |
| Apr 26, 2021 | May 11, 2021 | Apr 13, 2021 | $0.11 | normal |
| Apr 26, 2021 | May 11, 2021 | Apr 13, 2021 | $0.02 | special |
| Jan 25, 2021 | Feb 9, 2021 | Jan 13, 2021 | $0.02 | special |
| Jan 25, 2021 | Feb 9, 2021 | Jan 13, 2021 | $0.11 | normal |
| Oct 26, 2020 | Nov 10, 2020 | Oct 13, 2020 | $0.1 | normal |
| Jul 27, 2020 | Aug 11, 2020 | Jul 14, 2020 | $0.1 | normal |
| Apr 27, 2020 | May 12, 2020 | Apr 14, 2020 | $0.16 | normal |
| Jan 27, 2020 | Feb 11, 2020 | Jan 14, 2020 | $0.16 | normal |
| Oct 21, 2019 | Nov 12, 2019 | Oct 9, 2019 | $0.16 | normal |
| Jul 22, 2019 | Aug 13, 2019 | Jul 9, 2019 | $0.16 | normal |
| Apr 22, 2019 | May 14, 2019 | Apr 9, 2019 | $0.16 | normal |
| Jan 18, 2019 | Feb 12, 2019 | Jan 8, 2019 | $0.16 | normal |
| Oct 22, 2018 | Nov 13, 2018 | Oct 9, 2018 | $0.155 | normal |
| Jul 23, 2018 | Aug 14, 2018 | Jul 10, 2018 | $0.155 | normal |
| Apr 23, 2018 | May 8, 2018 | Apr 10, 2018 | $0.155 | normal |
| Jan 22, 2018 | Feb 13, 2018 | Jan 9, 2018 | $0.155 | normal |
| Oct 23, 2017 | Nov 14, 2017 | Oct 10, 2017 | $0.135 | normal |
| Jul 21, 2017 | Aug 8, 2017 | Jul 11, 2017 | $0.129 | normal |
| Apr 21, 2017 | May 9, 2017 | Apr 11, 2017 | $0.129 | normal |
| Jan 20, 2017 | Feb 14, 2017 | Jan 11, 2017 | $0.129 | normal |
| Oct 21, 2016 | Nov 8, 2016 | Oct 11, 2016 | $0.124 | normal |
Codorus Valley Bancorp's payout ratio of 39.1% is above the Financial Services sector and the industry average but below its peers average. Compared to its Financial Services sector average of 31.1%, Codorus Valley Bancorp's payout ratio is 26% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CZNC Citizens & Northern Corp | 4.84% | $1.12 | 67.1% |
| FULT Fulton Financial Corp | 3.71% | $0.6 | 38.2% |
| FNB Fnb Corp | 3.49% | $0.48 | 42.1% |
| NWFL Norwood Financial Corp | 3.3% | $1.13 | 32% |
| CCNE Cnb Financial Corp | 2.93% | $0.7 | 20.6% |
| CVLY Codorus Valley Bancorp Inc | 2.53% | $0.61 | 39.1% |
Yes, Codorus Valley Bancorp has been paying dividends for the last 25 years.
CVLY hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in April 2023.
Codorus Valley Bancorp's last regular dividend was on Jan 23, 2023 (ex-date) with the amount of $0.16 per share.
CVLY's annualized dividend per share is $0.61.
Codorus Valley Bancorp's current dividend yield is 2.53%.
Codorus Valley Bancorp pays four dividends per year.
The dividend payout ratio of Codorus Valley Bancorp is 39.1%.
Codorus Valley Bancorp's dividend yield is lower than the Financial Services sector average.