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

Penns Woods Bancorp, Inc. (NASDAQ:PWODGet Free Report) declared a quarterly dividend on Tuesday, February 27th, NASDAQ reports. Shareholders of record on Tuesday, March 12th will be paid a dividend of 0.32 per share by the financial services provider on Tuesday, March 26th. This represents a $1.28 dividend on an annualized basis and a yield of 6.73%. The ex-dividend date of this dividend is Monday, March 11th.

Penns Woods Bancorp Price Performance

NASDAQ PWOD traded down $0.23 during trading on Wednesday, reaching $19.02. The company’s stock had a trading volume of 21,158 shares, compared to its average volume of 19,229. The stock has a market capitalization of $136.18 million, a PE ratio of 8.23 and a beta of 0.51. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.07 and a quick ratio of 1.06. The firm has a fifty day moving average of $21.29 and a 200 day moving average of $21.88. Penns Woods Bancorp has a one year low of $19.00 and a one year high of $27.59.

Penns Woods Bancorp (NASDAQ:PWODGet Free Report) last announced its quarterly earnings data on Monday, January 29th. The financial services provider reported $0.77 EPS for the quarter. The firm had revenue of $16.17 million for the quarter. Penns Woods Bancorp had a return on equity of 9.57% and a net margin of 16.61%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Penns Woods Bancorp from a “sell” rating to a “hold” rating in a research report on Monday, January 1st.

View Our Latest Stock Report on Penns Woods Bancorp

Institutional Investors Weigh In On Penns Woods Bancorp

Several institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in Penns Woods Bancorp by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 329,837 shares of the financial services provider’s stock valued at $7,425,000 after acquiring an additional 6,106 shares during the period. BlackRock Inc. lifted its holdings in Penns Woods Bancorp by 497.6% in the 2nd quarter. BlackRock Inc. now owns 315,023 shares of the financial services provider’s stock worth $7,885,000 after buying an additional 262,311 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Penns Woods Bancorp by 0.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 294,000 shares of the financial services provider’s stock worth $7,359,000 after buying an additional 2,632 shares during the period. Geode Capital Management LLC lifted its holdings in Penns Woods Bancorp by 104.7% in the 2nd quarter. Geode Capital Management LLC now owns 130,625 shares of the financial services provider’s stock worth $3,270,000 after buying an additional 66,810 shares during the period. Finally, State Street Corp lifted its holdings in Penns Woods Bancorp by 211.3% in the 2nd quarter. State Street Corp now owns 80,026 shares of the financial services provider’s stock worth $2,003,000 after buying an additional 54,319 shares during the period. 25.28% of the stock is currently owned by hedge funds and other institutional investors.

Penns Woods Bancorp Company Profile

(Get Free Report)

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 IRAs accounts.

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Dividend History for Penns Woods Bancorp (NASDAQ:PWOD)

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