Norwood Financial Corp. (NWFL) To Go Ex-Dividend on October 18th

Norwood Financial Corp. (NASDAQ:NWFL) announced a quarterly dividend on Tuesday, September 17th, Zacks reports. Shareholders of record on Friday, October 18th will be paid a dividend of 0.30 per share by the financial services provider on Friday, November 1st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.20%. The ex-dividend date is Friday, October 18th.

Norwood Financial has increased its dividend by an average of 5.1% annually over the last three years and has increased its dividend annually for the last 6 consecutive years.

Norwood Financial Price Performance

Shares of NASDAQ NWFL opened at $28.59 on Wednesday. The stock’s 50-day simple moving average is $26.87 and its 200-day simple moving average is $25.88. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.90 and a current ratio of 0.90. The firm has a market capitalization of $231.55 million, a PE ratio of 14.97 and a beta of 0.63. Norwood Financial has a fifty-two week low of $23.50 and a fifty-two week high of $34.50.

Norwood Financial (NASDAQ:NWFL) last issued its quarterly earnings data on Friday, July 26th. The financial services provider reported $0.52 earnings per share for the quarter. The business had revenue of $17.13 million during the quarter. Norwood Financial had a net margin of 11.52% and a return on equity of 7.40%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Norwood Financial from a “sell” rating to a “hold” rating in a research report on Thursday, June 20th.

About Norwood Financial

Norwood Financial Corp. operates as the bank holding company for Wayne Bank that provides various banking products and services. The company accepts a range of deposit products, including interest-bearing and non-interest-bearing transaction accounts, and statement savings and money market accounts, as well as certificate of deposits.