Penns Woods Bancorp, Inc. Announces Quarterly Dividend of $0.32 (NASDAQ:PWOD)

Penns Woods Bancorp, Inc. (NASDAQ:PWOD) announced a quarterly dividend on Tuesday, August 27th, Wall Street Journal reports. Shareholders of record on Tuesday, September 10th will be paid a dividend of 0.32 per share by the financial services provider on Tuesday, September 24th. This represents a $1.28 dividend on an annualized basis and a yield of 5.93%. The ex-dividend date is Tuesday, September 10th.

Penns Woods Bancorp Stock Performance

Shares of PWOD opened at $21.59 on Monday. The stock has a 50 day moving average price of $21.94 and a 200 day moving average price of $20.15. The company has a quick ratio of 1.09, a current ratio of 1.10 and a debt-to-equity ratio of 1.30. The company has a market capitalization of $162.79 million, a price-to-earnings ratio of 9.90 and a beta of 0.46. Penns Woods Bancorp has a 52-week low of $17.01 and a 52-week high of $25.72.

Penns Woods Bancorp (NASDAQ:PWOD) last announced its quarterly earnings results on Thursday, July 25th. The financial services provider reported $0.72 earnings per share (EPS) for the quarter. The firm had revenue of $16.54 million during the quarter. Penns Woods Bancorp had a return on equity of 8.99% and a net margin of 15.20%.

Insider Transactions at Penns Woods Bancorp

In related news, Director Charles E. Kranich purchased 1,400 shares of the business’s stock in a transaction dated Tuesday, June 11th. The stock was acquired at an average price of $20.09 per share, for a total transaction of $28,126.00. Following the completion of the purchase, the director now directly owns 37,552 shares of the company’s stock, valued at $754,419.68. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 3.98% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded Penns Woods Bancorp from a “sell” rating to a “hold” rating in a research note on Wednesday, July 3rd.

About Penns Woods Bancorp

Penns Woods Bancorp, Inc operates as the bank holding company for Jersey Shore State Bank, which provides commercial and retail banking services to individuals, partnerships, non-profit organizations, and corporations. It accepts time, demand, and savings deposits, including super NOW accounts, statement savings accounts, money market accounts, and certificates of deposit, as well as checking and individual retirement account (IRAs) accounts.