Northway Financial, Inc. (NWYF) Declares $0.35 Semi-Annual Dividend; 2.2% Yield

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Northway Financial, Inc. Announces Second Quarter Earnings and Declares Semi-Annual Dividend

July 30, 2021 8:00 AM EDT

NORTH CONWAY, N.H., July 30, 2021 (GLOBE NEWSWIRE) -- Northway Financial, Inc. (the Company) (OTCQB: NWYF), the parent company of Northway Bank (the Bank), today reported net income for the quarter ended June 30, 2021 of $2.2MM, or $0.81 per basic common share. Year-to-date, the Company reported net income of $4.1MM, or $1.50 per basic common share.

The Board of Directors declared a semi-annual cash dividend of $0.35 per share, payable on August 16, 2021, to common stockholders of record on August 9, 2021.

President and CEO William J. Woodward commented: I am pleased to... More