Penns Woods Bancorp, Inc. (NASDAQ:PWOD) to Issue Quarterly Dividend of $0.32

Penns Woods Bancorp, Inc. (NASDAQ:PWOD) declared a quarterly dividend on Tuesday, August 27th, Wall Street Journal reports. Shareholders of record on Tuesday, September 10th will be given a dividend of 0.32 per share by the financial services provider on Tuesday, September 24th. This represents a $1.28 annualized dividend and a yield of 5.93%. The ex-dividend date is Tuesday, September 10th.

Penns Woods Bancorp Trading Up 0.3 %

NASDAQ:PWOD opened at $21.59 on Monday. The stock has a fifty day moving average price of $21.94 and a two-hundred day moving average price of $20.15. The stock has a market capitalization of $162.79 million, a price-to-earnings ratio of 9.90 and a beta of 0.46. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.09 and a current ratio of 1.10. Penns Woods Bancorp has a 1 year low of $17.01 and a 1 year high of $25.72.

Penns Woods Bancorp (NASDAQ:PWOD) last announced its quarterly earnings results on Thursday, July 25th. The financial services provider reported $0.72 earnings per share for the quarter. Penns Woods Bancorp had a return on equity of 8.99% and a net margin of 15.20%. The business had revenue of $16.54 million during the quarter.

Insider Activity at Penns Woods Bancorp

In other Penns Woods Bancorp news, Director Charles E. Kranich purchased 1,400 shares of the firm’s stock in a transaction on Tuesday, June 11th. The shares were purchased at an average cost of $20.09 per share, with a total value of $28,126.00. Following the purchase, the director now owns 37,552 shares in the company, valued at $754,419.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 3.98% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Penns Woods Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, July 3rd.

About Penns Woods Bancorp

Penns Woods Bancorp, Inc operates as the bank holding company for Jersey Shore State Bank, which provides commercial and retail banking services to individuals, partnerships, non-profit organizations, and corporations. It accepts time, demand, and savings deposits, including super NOW accounts, statement savings accounts, money market accounts, and certificates of deposit, as well as checking and individual retirement account (IRAs) accounts.