ORRF Orrstown Financial Services dividend history, payout ratio & dates
Orrstown Financial Services's latest dividend was on Nov 5, 2024 (ex-date) with a payout of $0.23 per share. At an annualized rate of $0.86 per share, the stock yields 2.15%.
Key dates
- ORRF last dividend date: Nov 5, 2024
ORRF dividend stats
vs. Financial Services sector
Dividend yield
ORRF has a dividend yield of 2.15% which is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.58%, Orrstown Financial Services's dividend yield is 17% lower. The current dividend yield is below the historical average of 3.4% of the last 5 years.
Dividend history
Orrstown Financial Services has a long history of dividend payments, including the last nine consecutive years with dividend payouts. ORRF has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 8% since twelve months ago. However with the price of the stock up by 73% from a year ago, the dividend yield has a decrease of 38%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 5, 2024 | $0.23 | 2.31% |
| Aug 8, 2024 | $0.23 | 2.56% |
| May 6, 2024 | $0.2 | 3.01% |
| Feb 5, 2024 | $0.2 | 3.03% |
| Nov 6, 2023 | $0.2 | 3.57% |
| Aug 7, 2023 | $0.2 | 3.32% |
| May 8, 2023 | $0.2 | 4.73% |
| Feb 6, 2023 | $0.2 | 3.11% |
| Oct 28, 2022 | $0.19 | 2.88% |
| Jul 29, 2022 | $0.19 | 2.93% |
| Apr 29, 2022 | $0.19 | 3.22% |
| Jan 31, 2022 | $0.19 | 3.03% |
| Oct 29, 2021 | $0.19 | 3.12% |
| Jul 30, 2021 | $0.19 | 3.12% |
| Apr 30, 2021 | $0.18 | 2.95% |
| Jan 29, 2021 | $0.18 | 3.99% |
| Oct 30, 2020 | $0.17 | 4.86% |
| Jul 31, 2020 | $0.17 | 4.85% |
| May 1, 2020 | $0.17 | 4.7% |
| Jan 31, 2020 | $0.17 | 3.01% |
| Nov 1, 2019 | $0.15 | 2.75% |
| Aug 2, 2019 | $0.15 | 2.67% |
| Apr 29, 2019 | $0.15 | 2.67% |
| Feb 1, 2019 | $0.15 | 2.89% |
| Oct 26, 2018 | $0.13 | 2.45% |
| Jul 26, 2018 | $0.13 | 1.89% |
| Apr 23, 2018 | $0.13 | 1.82% |
| Feb 1, 2018 | $0.12 | 1.72% |
| Nov 3, 2017 | $0.12 | 1.66% |
| Aug 4, 2017 | $0.1 | 1.54% |
| May 4, 2017 | $0.1 | 1.74% |
| Feb 8, 2017 | $0.1 | 1.67% |
| Nov 7, 2016 | $0.09 | 1.89% |
| Aug 8, 2016 | $0.09 | 1.75% |
| May 9, 2016 | $0.09 | 1.71% |
| Feb 8, 2016 | $0.08 | 1.72% |
| Nov 2, 2015 | $0.08 | 1.22% |
| Aug 5, 2015 | $0.07 | 0.84% |
| May 6, 2015 | $0.07 | 0.41% |
Orrstown Financial Services dividend payout ratio
Payout ratio
ORRF has a payout ratio of 45.5% which is higher than the Financial Services sector and the industry average but lower than its peers average. But if we consider the Financial Services sector average of 44%, Orrstown Financial Services's payout ratio is only 3.4% higher.
Total amount of dividends paid per financial year (from cash flow)
ORRF dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CZNC Citizens & Northern Corp | 5.58% | $1.12 | 77.8% |
| PWOD Penns Woods Bancorp Inc | 4.25% | $1.28 | 48.3% |
| NWFL Norwood Financial Corp | 4.02% | $1.2 | 75% |
| STBA S&T Bancorp Inc | 3.13% | $1.33 | 37.6% |
| UVSP UNIVEST FINANCIAL Corp | 2.72% | $0.84 | 33.5% |
| ACNB Acnb Corp | 2.6% | $1.24 | 35.9% |
| MPB Mid Penn Bancorp Inc | 2.53% | $0.8 | 27.5% |
| ORRF Orrstown Financial Services Inc | 2.15% | $0.86 | 45.5% |
Frequently asked questions
Does Orrstown Financial Services pay a dividend?
Yes, Orrstown Financial Services has paid four dividends in the last twelve months. ORRF has been paying dividends since 2015.
When was ORRF's last dividend?
Orrstown Financial Services's last regular dividend was on Nov 5, 2024 (ex-date) with the amount of $0.23 per share.
How much dividend does Orrstown Financial Services pay (per share)?
ORRF has paid dividend of $0.86 per share in the last year.
What is Orrstown Financial Services's dividend yield?
Orrstown Financial Services's current dividend yield is 2.15%.
How often does Orrstown Financial Services pay dividends?
Orrstown Financial Services pays four dividends per year.
What is Orrstown Financial Services's dividend payout ratio?
Orrstown Financial Services's dividend payout ratio is 45.5%.
Does Orrstown Financial Services pay a good dividend?
Orrstown Financial Services's dividend yield is below the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.