World News: 13:30 GMT Friday 14th September 2018. [Norwood Financial Corp. via Globe Newswire via SPi World News]
HONESDALE, Pa., Sept. 14, 2018 (GLOBE NEWSWIRE) -- Lewis J. Critelli, President and Chief Executive Officer of Norwood Financial Corp (NASDAQ Global Market: NWFL) and its subsidiary, Wayne Bank, today announced that the Board of Directors declared a $.22 per share cash dividend payable November 1, 2018 to shareholders of record as of October 15, 2018. The $.22 per share matches the per share dividend declared in the prior quarter and the same period of last year.
Mr. Critelli commented, “The Board is extremely pleased to provide our shareholders with this quarterly dividend. It reflects the Company’s financial strength and strong capital position which has contributed to our solid performance.”
Norwood Financial Corp, through its subsidiary, Wayne Bank operates fourteen offices in Northeastern Pennsylvania and twelve offices in Delaware and Sullivan Counties, New York. As of June 30, 2018, Norwood had total assets of $1.2 billion, loans outstanding of $803.8 million, total deposits of $950.9 million and total capital of $115.5 million. The Company’s stock is traded on the Nasdaq Global Market under the symbol “NWFL”.
CONTACT: William LanceExecutive Vice President and Chief Financial OfficerNORWOOD FINANCIAL CORP(570) 253-8505
Globe Newswire: 13:30 GMT Friday 14th September 2018
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