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

Penns Woods Bancorp, Inc. (NASDAQ:PWOD) announced a quarterly dividend on Tuesday, August 27th, Wall Street Journal reports. Stockholders 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 dividend yield of 5.93%. The ex-dividend date of this dividend is Tuesday, September 10th.

Penns Woods Bancorp Stock Up 0.3 %

NASDAQ:PWOD opened at $21.59 on Friday. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.10 and a quick ratio of 1.09. The firm’s 50-day moving average price is $21.94 and its 200-day moving average price is $20.14. The company has a market capitalization of $162.57 million, a PE ratio of 9.90 and a beta of 0.45. Penns Woods Bancorp has a 1-year low of $17.01 and a 1-year high of $25.72.

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

Analysts Set New Price Targets

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

Insider Buying and Selling

In other news, Director Charles E. Kranich acquired 1,400 shares of Penns Woods Bancorp stock in a transaction on Tuesday, June 11th. The stock was acquired at an average cost of $20.09 per share, for a total transaction of $28,126.00. Following the purchase, the director now owns 37,552 shares in the company, valued at $754,419.68. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.98% of the stock is currently owned by company insiders.

Penns Woods Bancorp Company Profile

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.