Penns Woods Bancorp Announces Quarterly Dividend
WILLIAMSPORT, Pa. May 28, 2024 - Penns Woods Bancorp, Inc.(NASDAQ: PWOD) Chief Executive Officer Richard A.Grafmyre CFP has declared a cash dividend of $0.32 per share for the second quarter of 2024.
This announcement reflects the commitment of Penns Woods Bancorp, Inc.to its shareholders.The dividend payout ratio for the first quarter of 2024 has increased to 59.25.Such an increase demonstrates the company’s dedication to providing returns to its investors.
In comparison to its peers in the Financial sector, Penns Woods Bancorp, Inc.ranks favorably.Out of 158 companies, Penns Woods Bancorp, Inc.had a higher 12 Months dividend payout ratio.Furthermore, Penns Woods Bancorp, Inc.ranks higher than 454 other companies in the fourth quarter of 2023.
Contextualizing the company’s performance in the Financial sector, Penns Woods Bancorp, Inc.proves to be a reliable choice for investors seeking consistent dividends.
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