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Penns Woods Bancorp, Inc. Announces Quarterly Dividend

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Penns Woods Bancorp, Inc. (NASDAQ:PWOD) has declared a third quarter 2020 cash dividend of $0.32 per share, marking an increase of $0.01 from the prior year's dividend following a stock split. The dividend is payable on September 22, 2020 to shareholders of record on September 8, 2020.

The company operates through Jersey Shore State Bank and Luzerne Bank, providing various financial services in Pennsylvania.

Positive
  • Dividend increase of $0.01 from the previous year.
  • Demonstrates company confidence in financial performance.
Negative
  • None.

WILLIAMSPORT, Pa., Aug. 25, 2020 (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 2020 cash dividend of $0.32 per share.  The dividend represents an increase of $0.01 over the third quarter 2019 dividend as adjusted for a 3 for 2 common stock split during the third quarter of 2019.

The dividend is payable September 22, 2020 to shareholders of record September 8, 2020. 

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 dividend amount declared by PWOD for Q3 2020?

Penns Woods Bancorp declared a dividend of $0.32 per share for Q3 2020.

When is the PWOD dividend payable?

The dividend is payable on September 22, 2020.

What was the previous dividend amount before the increase?

The previous amount was $0.31 per share after adjusting for a stock split.

Who is eligible for the PWOD dividend?

Shareholders of record on September 8, 2020, are eligible for the dividend.

Penns Woods Bancorp Inc

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United States of America
JERSEY SHORE