Woodlands Financial Services Company Announces Third Quarter Cash Dividend

Rhea-AI Summary

Woodlands Financial Services Company (OTC: WDFN) declared a quarterly cash dividend of 28 cents per share on July 25, 2022. The dividend is payable on August 26, 2022, to shareholders on record as of August 12, 2022. This reflects the company's commitment to providing returns to its shareholders. Woodlands Financial Services operates Woodlands Bank and Woodlands Stock Corporation, offering banking and trust services mainly in Lycoming and Clinton Counties.

Positive

• Quarterly cash dividend of 28 cents per share declared.
• Demonstrates commitment to shareholder returns.
• Healthy operating framework through Woodlands Bank and Woodlands Stock Corporation.

Negative

• None.

WILLIAMSPORT, Pa., July 26, 2022 /PRNewswire/ -- On July 25, 2022, the Board of Directors of Woodlands Financial Services Company (OTC Pink: WDFN) declared a quarterly cash dividend of twenty-eight cents per share on its common stock, payable on August 26, 2022, to shareholders of record as of August 12, 2022. 

Woodlands Financial Services Company is a financial services holding company of Woodlands Bank and Woodlands Stock Corporation. The Company through its holdings provides commercial and consumer banking and trust services in Lycoming and Clinton Counties. 

Additional information on Woodlands Financial Services Company is available at www.woodlandsbank.com.

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SOURCE Woodlands Financial Services Company

FAQ

What is the dividend amount declared by Woodlands Financial Services Company?

The declared dividend amount is 28 cents per share.

When is the dividend payment date for WDFN?

The dividend payment date is August 26, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is August 12, 2022.

How often does WDFN pay dividends?

Dividends are typically paid quarterly by Woodlands Financial Services Company.

Is the dividend sustainable for Woodlands Financial Services Company?

The sustainability of the dividend can be assessed based on the company's financial performance and cash flow.