Norwood Financial Corp Announces 3.6% Dividend Increase

Norwood Financial Corp's Board of Directors has approved a cash dividend of $0.29 per share


Norwood Financial Corp (NASDAQ: NWFL) and its subsidiary Wayne Bank, led by James O. Donnelly, President and Chief Executive Officer, have recently declared a dividend increase for its shareholders. The Board of Directors has approved a cash dividend of $0.29 per share, reflecting a 3.6% increase over the dividend declared in the second quarter of 2022.

Strengthening Shareholder Value

The decision to raise the cash dividend highlights Norwood Financial Corp's dedication to enhancing shareholder value. With the declaration of a $0.29 per share cash dividend, the company is demonstrating its confidence in its financial strength and solid performance.

James O. Donnelly's Statement

Expressing his satisfaction with the dividend increase, Mr. Donnelly remarked, "The Board is extremely pleased to provide our shareholders with this quarterly dividend. It reflects the Company's financial strength and strong capital position, which has contributed to our solid performance."

Join LevelFields now to be the first to know about events that affect stock prices and uncover unique investment opportunities. Choose from events, view price reactions, and set event alerts with our AI-powered platform. Don't miss out on daily opportunities from 6,300 companies monitored 24/7. Act on facts, not opinions, and let LevelFields help you become a better trader.

Free Trial: Signup for 1 Free Alert Per Week

Add your email to get alerts & the report.

Get 1 free alert per week via email

Upgrade if you want more or platform access

We'll also send you a free report

or Click Here to get full access now

By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.