Norwood Financial Corp (NWFL) Raises Quarterly Dividend 4.2% to $0.25; 2.8% Yield

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Go back to Norwood Financial Corp (NWFL) Raises Quarterly Dividend 4.2% to $0.25; 2.8% Yield

Norwood Financial Corp Increases Cash Dividend

December 13, 2019 8:15 AM EST

HONESDALE, Pa., Dec. 13, 2019 (GLOBE NEWSWIRE) -- Lewis J. Critelli, President and Chief Executive Officer of Norwood Financial Corp (NASDAQ Global Market - NWFL) and its subsidiary Wayne Bank announced that the Board of Directors declared a $0.25 per share quarterly dividend payable February 3, 2020 to shareholders of record as of January 15, 2020.  The $0.25 per share represents an increase of 4.2% over the cash dividend declared in the prior quarter of this year and the fourth quarter of last year.  During 2019, total cash dividends declared were $0.97 per share, compared to the $0.90 declared in 2018.

Mr. Critelli commented, The Board is extremely... More