Norwood Financial Co. (NWFL) To Go Ex-Dividend on January 14th

Norwood Financial Co. (NASDAQ:NWFL) declared a quarterly dividend on Friday, December 14th, Zacks reports. Investors of record on Tuesday, January 15th will be given a dividend of 0.24 per share by the financial services provider on Friday, February 1st. This represents a $0.96 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date of this dividend is Monday, January 14th. This is a positive change from Norwood Financial’s previous quarterly dividend of $0.22.

Norwood Financial has decreased its dividend payment by an average of 10.6% per year over the last three years and has increased its dividend annually for the last 3 consecutive years.

NASDAQ:NWFL traded up $0.21 during midday trading on Wednesday, reaching $32.21. The stock had a trading volume of 33 shares, compared to its average volume of 6,980. Norwood Financial has a 1-year low of $28.76 and a 1-year high of $40.58. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $202.11 million, a PE ratio of 14.99 and a beta of 0.30.



Norwood Financial (NASDAQ:NWFL) last posted its earnings results on Monday, October 22nd. The financial services provider reported $0.58 earnings per share (EPS) for the quarter. Norwood Financial had a net margin of 21.65% and a return on equity of 11.75%. The business had revenue of $11.39 million for the quarter.

Separately, ValuEngine lowered shares of Norwood Financial from a “hold” rating to a “sell” rating in a research report on Wednesday, December 5th.

In related news, Director Ralph A. Matergia purchased 4,150 shares of the firm’s stock in a transaction on Monday, October 22nd. The shares were bought at an average cost of $36.18 per share, for a total transaction of $150,147.00. Following the transaction, the director now directly owns 10,322 shares of the company’s stock, valued at approximately $373,449.96. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, COO Robert J. Mancuso acquired 1,000 shares of Norwood Financial stock in a transaction dated Monday, November 19th. The shares were acquired at an average cost of $37.00 per share, with a total value of $37,000.00. Following the completion of the acquisition, the chief operating officer now directly owns 6,111 shares in the company, valued at approximately $226,107. The disclosure for this purchase can be found here. Insiders acquired a total of 5,219 shares of company stock worth $189,700 over the last 90 days. Company insiders own 6.40% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This news story was originally reported by Dakota Financial News and is the sole property of of Dakota Financial News. If you are reading this news story on another site, it was copied illegally and reposted in violation of United States and international trademark and copyright laws. The correct version of this news story can be viewed at https://dakotafinancialnews.com/2019/01/09/norwood-financial-co-nwfl-to-go-ex-dividend-on-january-14th.html.

Norwood Financial Company Profile

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

Featured Article: How do candlesticks reflect price movement?

Dividend History for Norwood Financial (NASDAQ:NWFL)

Receive News & Ratings for Norwood Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norwood Financial and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply