Norwood Financial Corp (NWFL) Raises Quarterly Dividend 3.2% to $.32; 3.8% Yield

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Go back to Norwood Financial Corp (NWFL) Raises Quarterly Dividend 3.2% to $.32; 3.8% Yield

Norwood Financial Corp Announces Cash Dividend

December 16, 2016 1:30 PM EST

HONESDALE, Pa., Dec. 16, 2016 (GLOBE NEWSWIRE) -- Lewis J. Critelli, President and Chief Executive Officer of Norwood Financial Corp (Nasdaq: NWFL) and its subsidiary Wayne Bank announced that the Board of Directors declared a $.32 per share quarterly dividend payable February 1, 2017 to shareholders of record as of January 13, 2017.  The $.32 per share represents an increase of 3.2% over the cash dividend declared in the prior quarter, and represents a dividend yield of 3.71% annually based on the closing price of Norwood stock on November 30th. During 2016, total cash dividends declared were $1.25 per share compared to the $1.24 declared in... More