Penns Woods Bancorp, Inc. Announces Quarterly Dividend

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

Penns Woods Bancorp (NASDAQ:PWOD) has declared a quarterly cash dividend of $0.32 per share for the third quarter of 2024. The dividend will be payable on September 24, 2024 to shareholders of record as of September 10, 2024. This announcement, made by CEO Richard A. Grafmyre, demonstrates the company's commitment to providing regular returns to its shareholders. The consistent dividend payout may be seen as a positive sign of the bank's financial stability and confidence in its future performance.

Positive

Consistent quarterly dividend payout of $0.32 per share
Demonstrates financial stability and shareholder value focus

Negative

None.

News Market Reaction 1 Alert

-0.27% News Effect

On the day this news was published, PWOD declined 0.27%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

08/27/2024 - 11:35 AM

WILLIAMSPORT, Pa., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Richard A. Grafmyre CFP®, Chief Executive Officer of Penns Woods Bancorp, Inc., (NASDAQ:PWOD) has announced that the Company’s Board of Directors declared a third quarter 2024 cash dividend of $0.32 per share.

The dividend is payable September 24, 2024 to shareholders of record September 10, 2024.

About Penns Woods Bancorp, Inc.
Penns Woods Bancorp, Inc. is the bank holding company for Jersey Shore State Bank and Luzerne Bank. The banks serve customers in North Central and North Eastern Pennsylvania through their retail banking, commercial banking, mortgage services and financial services divisions. Penns Woods Bancorp, Inc. stock is listed on the NASDAQ National Market under the symbol PWOD.

Previous press releases and additional information can be obtained from the company’s website at www.pwod.com.