Norwood Financial Corp. (NASDAQ:NWFL) Declares Quarterly Dividend of $0.31

Norwood Financial Corp. (NASDAQ:NWFL) declared a quarterly dividend on Thursday, December 19th,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.31 per share by the financial services provider on Saturday, February 1st. This represents a $1.24 annualized dividend and a dividend yield of 4.92%. The ex-dividend date is Wednesday, January 15th. This is a positive change from Norwood Financial’s previous quarterly dividend of $0.30.

Norwood Financial has raised its dividend payment by an average of 5.1% annually over the last three years.

Norwood Financial Price Performance

Shares of Norwood Financial stock traded down $0.92 during trading on Thursday, hitting $25.18. 27,103 shares of the company were exchanged, compared to its average volume of 10,954. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $203.76 million, a price-to-earnings ratio of 15.84 and a beta of 0.61. Norwood Financial has a fifty-two week low of $23.50 and a fifty-two week high of $34.50. The firm has a 50 day moving average price of $29.83 and a 200 day moving average price of $27.59.

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.