Penns Woods Bancorp's last quarterly dividend of $0.32 per share was on Sep 2, 2022 (ex-date). The annualized dividend payment of $1.28 per share represents a current dividend yield of 5.59%.
PWOD has a dividend yield of 5.59% which is above the Financial Services sector, the industry and its peers average. If we compare it with its Financial Services sector average of 2.95%, Penns Woods Bancorp's dividend yield is 89% higher. Historically PWOD's dividend yield has averaged at 4.8% in the last 5 years, which is less than the current yield.
Penns Woods Bancorp has a history of paying dividends since 1996. Our records of PWOD show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. But with the stock price down by 3.1% from a year ago, the dividend yield marks an increase of 3.3%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 2, 2022 | Sep 20, 2022 | Aug 23, 2022 | $0.32 | normal |
| Jun 6, 2022 | Jun 21, 2022 | May 24, 2022 | $0.32 | normal |
| Mar 7, 2022 | Mar 22, 2022 | Feb 22, 2022 | $0.32 | normal |
| Dec 6, 2021 | Dec 21, 2021 | Nov 23, 2021 | $0.32 | normal |
| Sep 3, 2021 | Sep 21, 2021 | Aug 24, 2021 | $0.32 | normal |
| Jun 7, 2021 | Jun 22, 2021 | May 24, 2021 | $0.32 | normal |
| Mar 8, 2021 | Mar 23, 2021 | Feb 23, 2021 | $0.32 | normal |
| Dec 7, 2020 | Dec 22, 2020 | Nov 24, 2020 | $0.32 | normal |
| Sep 4, 2020 | Sep 22, 2020 | Aug 25, 2020 | $0.32 | normal |
| Jun 8, 2020 | Jun 23, 2020 | May 26, 2020 | $0.32 | normal |
| Mar 9, 2020 | Mar 24, 2020 | Feb 25, 2020 | $0.32 | normal |
| Dec 9, 2019 | Dec 23, 2019 | Nov 26, 2019 | $0.32 | normal |
| Sep 9, 2019 | Sep 24, 2019 | Aug 27, 2019 | $0.313 | normal |
| Jun 10, 2019 | Jun 25, 2019 | May 28, 2019 | $0.313 | normal |
| Mar 11, 2019 | Mar 26, 2019 | Feb 26, 2019 | $0.313 | normal |
| Dec 10, 2018 | Dec 24, 2018 | Nov 27, 2018 | $0.313 | normal |
| Sep 10, 2018 | Sep 25, 2018 | Aug 28, 2018 | $0.313 | normal |
| Jun 4, 2018 | Jun 19, 2018 | May 22, 2018 | $0.313 | normal |
| Mar 12, 2018 | Mar 27, 2018 | Feb 27, 2018 | $0.313 | normal |
| Dec 12, 2017 | Dec 22, 2017 | Nov 29, 2017 | $0.313 | normal |
| Sep 11, 2017 | Sep 26, 2017 | Aug 21, 2017 | $0.313 | normal |
| Jun 2, 2017 | Jun 20, 2017 | May 23, 2017 | $0.313 | normal |
| Mar 10, 2017 | Mar 28, 2017 | Feb 28, 2017 | $0.313 | normal |
| Dec 2, 2016 | Dec 20, 2016 | Nov 22, 2016 | $0.313 | normal |
| Sep 1, 2016 | Sep 20, 2016 | Aug 23, 2016 | $0.313 | normal |
PWOD has a payout ratio of 54.2% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 30.2%, Penns Woods Bancorp's payout ratio is 79% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PWOD Penns Woods Bancorp Inc | 5.59% | $1.28 | 54.2% |
| CZNC Citizens & Northern Corp | 4.63% | $1.12 | 60.5% |
| FULT Fulton Financial Corp | 3.73% | $0.59 | 36.6% |
| FCF First Commonwealth Financial Corp | 3.66% | $0.47 | 34.8% |
| UVSP UNIVEST FINANCIAL Corp | 3.49% | $0.82 | 33.6% |
| CCNE Cnb Financial Corp | 2.97% | $0.7 | 21.1% |
Yes, Penns Woods Bancorp has paid four dividends in the last 12 months. PWOD has been paying dividends since 1996.
PWOD 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 December 2022.
Penns Woods Bancorp's last regular dividend was on Sep 2, 2022 (ex-date) with the amount of $0.32 per share.
PWOD has paid dividend of $1.28 per share in the last year.
The current dividend yield of Penns Woods Bancorp is 5.59%.
Penns Woods Bancorp pays dividends quarterly.
Penns Woods Bancorp's dividend payout ratio is 54.2%.
Penns Woods Bancorp's dividend yield is more than the Financial Services sector average.