Norwood Financial Corp (NWFL) Raises Quarterly Dividend 7.7% to $0.28; 4.3% Yield

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Go back to Norwood Financial Corp (NWFL) Raises Quarterly Dividend 7.7% to $0.28; 4.3% Yield

Norwood Financial Corp Increases Cash Dividend

December 17, 2021 8:15 AM EST

HONESDALE, Pa., Dec. 17, 2021 (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 $0.28 per share quarterly dividend, payable February 1, 2022, to shareholders of record as of January 14, 2022. The $0.28 per share represents an increase of 7.7% over the cash dividend declared in the third quarter of this year and the fourth quarter of last year. During 2021, total cash dividends declared were $1.06 per share, compared to the $1.01 per share declared in 2020.

Mr. Critelli commented, The... More