Norwood Financial Corp. (NWFL) To Go Ex-Dividend on July 15th

Norwood Financial Corp. (NASDAQ:NWFL) announced a quarterly dividend on Wednesday, June 26th, Zacks reports. Investors of record on Monday, July 15th will be given a dividend of 0.30 per share by the financial services provider on Thursday, August 1st. This represents a $1.20 dividend on an annualized basis and a yield of 4.80%. The ex-dividend date of this dividend is Monday, July 15th.

Norwood Financial has raised its dividend payment by an average of 5.1% per year over the last three years and has raised its dividend every year for the last 6 years.

Norwood Financial Price Performance

NWFL stock traded up $0.02 during trading on Friday, reaching $25.00. 378 shares of the company were exchanged, compared to its average volume of 10,201. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.90 and a current ratio of 0.90. The company has a market cap of $202.50 million, a P/E ratio of 13.08 and a beta of 0.67. The stock’s 50 day moving average price is $24.76 and its 200 day moving average price is $27.00. Norwood Financial has a 52-week low of $23.50 and a 52-week high of $34.50.

Norwood Financial (NASDAQ:NWFL) last announced its earnings results on Monday, April 22nd. The financial services provider reported $0.55 earnings per share (EPS) for the quarter. The company had revenue of $16.72 million during the quarter. Norwood Financial had a net margin of 14.14% and a return on equity of 8.80%.

Analyst Ratings Changes

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

Norwood Financial Company Profile

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.