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NWFL Norwood Financial dividend history, payout ratio & dates

Norwood Financial's most recent quarterly dividend of $0.3 per share was on Apr 12, 2024 (ex-date). The annualized payout of $1.18 per share represents a current dividend yield of 4.91%.

Key dates

  • NWFL last dividend date: Apr 12, 2024
  • NWFL next dividend date: Not announced
NWFL dividend stats
DPS
$1.18
Dividend yield
4.91%
Payout ratio
56.7%
vs. Financial Services sector
Dividend yield
3.41%
Payout ratio
39.6%

Dividend yield

What is Norwood Financial current dividend yield

NWFL has a dividend yield of 4.91% which is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 3.41%, Norwood Financial's dividend yield is 44% higher. The historical 5-year average of NWFL's dividend yield is 3.8%, which is below the current yield.

Dividend history

What is NWFL dividend payout history and dates

Norwood Financial has a history of paying dividends since 1998. Our records of NWFL show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 3.5% for the last twelve months. And since the stock price has gone down by 5% from a year ago, the dividend yield has increased by 9%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Apr 12, 2024 May 1, 2024 Mar 22, 2024 $0.3 normal
Jan 11, 2024 Feb 1, 2024 Dec 14, 2023 $0.3 normal
Oct 12, 2023 Nov 1, 2023 Sep 18, 2023 $0.29 normal
Jul 13, 2023 Aug 1, 2023 Jun 16, 2023 $0.29 normal
Apr 13, 2023 May 1, 2023 Mar 16, 2023 $0.29 normal
Jan 12, 2023 Feb 1, 2023 Dec 16, 2022 $0.29 normal
Oct 13, 2022 Nov 1, 2022 Sep 16, 2022 $0.28 normal
Jul 14, 2022 Aug 1, 2022 Jun 17, 2022 $0.28 normal
Apr 13, 2022 May 2, 2022 Mar 11, 2022 $0.28 normal
Jan 13, 2022 Feb 1, 2022 $0.28 normal
Oct 14, 2021 Nov 1, 2021 Sep 17, 2021 $0.26 normal
Jul 14, 2021 Aug 2, 2021 $0.26 normal
Apr 14, 2021 May 3, 2021 Mar 11, 2021 $0.26 normal
Jan 14, 2021 Feb 1, 2021 Dec 10, 2020 $0.26 normal
Oct 14, 2020 Nov 2, 2020 Sep 10, 2020 $0.25 normal
Jul 16, 2020 Aug 3, 2020 Jun 9, 2020 $0.25 normal
Apr 14, 2020 May 1, 2020 Mar 10, 2020 $0.25 normal
Jan 14, 2020 Feb 3, 2020 Dec 13, 2019 $0.25 normal
Oct 11, 2019 Nov 1, 2019 Sep 10, 2019 $0.24 normal
Jul 12, 2019 Aug 1, 2019 Jun 11, 2019 $0.24 normal
Apr 12, 2019 May 1, 2019 Mar 12, 2019 $0.24 normal
Jan 14, 2019 Feb 1, 2019 Dec 11, 2018 $0.24 normal
Oct 12, 2018 Nov 1, 2018 Sep 11, 2018 $0.22 normal
Jul 12, 2018 Aug 1, 2018 Jun 14, 2018 $0.22 normal
Apr 12, 2018 May 1, 2018 Mar 13, 2018 $0.22 normal
Jan 11, 2018 Feb 1, 2018 Dec 15, 2017 $0.22 normal
Oct 12, 2017 Nov 1, 2017 Sep 13, 2017 $0.22 normal
Jul 12, 2017 Aug 1, 2017 Jun 14, 2017 $0.213 normal
Apr 11, 2017 May 1, 2017 Mar 28, 2017 $0.213 normal
Jan 11, 2017 Feb 1, 2017 Dec 16, 2016 $0.213 normal
Oct 12, 2016 Nov 1, 2016 Sep 13, 2016 $0.207 normal

Norwood Financial dividend payout ratio

What is Norwood Financial dividend payout ratio compared to the sector

Payout ratio

NWFL has a payout ratio of 56.7% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 39.6%, Norwood Financial's payout ratio is 43% higher.

Total amount of dividends paid per financial year (from cash flow)

NWFL dividend vs peer dividends

How does NWFL dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
PWOD Penns Woods Bancorp Inc 7.27% $1.28 54.7%
CZNC Citizens & Northern Corp 6.35% $1.12 71.3%
NWFL Norwood Financial Corp 4.91% $1.18 56.7%
UVSP UNIVEST FINANCIAL Corp 4.09% $0.84 34.7%
MPB Mid Penn Bancorp Inc 3.81% $0.8 34.9%
CCNE Cnb Financial Corp 3.64% $0.7 27.3%

Frequently asked questions

Does Norwood Financial pay a dividend?

Yes, Norwood Financial has been paying dividends for the last 26 years.

When is Norwood Financial's next dividend?

NWFL hasn't announced its next dividend date yet, but if we take into consideration its recent dividend schedule, it is likely that its next dividend will be in July 2024.

When was NWFL's last dividend?

Norwood Financial's last regular dividend was on Apr 12, 2024 (ex-date) with the amount of $0.3 per share.

How much dividend does Norwood Financial pay (per share)?

NWFL has paid dividend of $1.18 per share in the last year.

What is Norwood Financial's dividend yield?

Currently Norwood Financial's dividend yield is 4.91%.

How often does Norwood Financial pay dividends?

Norwood Financial has a quarterly dividend frequency.

What is Norwood Financial's dividend payout ratio?

Norwood Financial's dividend payout ratio is 56.7%.

Does Norwood Financial pay a good dividend?

Norwood Financial's dividend yield is above the Financial Services sector average.