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Penns Woods Bancorp, Inc. Announces Quarterly Dividend

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Rhea-AI Summary

Penns Woods Bancorp, Inc. (NASDAQ:PWOD) has announced a cash dividend of $0.32 per share for the second quarter of 2022. This dividend is payable on June 21, 2022, to shareholders recorded as of June 7, 2022. The company operates through its subsidiaries, Jersey Shore State Bank and Luzerne Bank, providing a range of banking services in North Central and North Eastern Pennsylvania.

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Positive

  • Dividend of $0.32 per share enhances shareholder income.
  • Demonstrates company's commitment to returning value to shareholders.

Negative

  • None.

News Market Reaction – PWOD

-1.10%
-1.10% Session move

In the trading session that priced this news, PWOD declined 1.10%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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WILLIAMSPORT, Pa., May 24, 2022 (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 second quarter 2022 cash dividend of $0.32 per share.

The dividend is payable June 21, 2022 to shareholders of record June 7, 2022.

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.

Contact: Richard A. Grafmyre, Chief Executive Officer
300 Market Street, Williamsport, PA, 17701
(570) 322-1111
(888) 412-5772
pwod@pwod.com
www.pwod.com


FAQ

What is the amount of the dividend declared by PWOD?

PWOD has declared a dividend of $0.32 per share.

When is the dividend payment date for PWOD?

The dividend is payable on June 21, 2022.

Who is eligible to receive the dividend from PWOD?

Shareholders of record as of June 7, 2022, are eligible.

What is the significance of the dividend for PWOD shareholders?

The dividend signifies Penns Woods Bancorp's commitment to providing returns to its shareholders and reflects financial stability.