Penns Woods Bancorp Announces Positive Quarterly Dividend News

Author: Evelyn Baker Updated: 02-25-2025 10:01 AM

Penns Woods Bancorp, Inc. Declares First Quarter Dividend

Richard A. Grafmyre CFP®, Chief Executive Officer of Penns Woods Bancorp, Inc., has exciting news regarding the company’s financial performance. The Board of Directors has officially declared a cash dividend of $0.32 per share for the first quarter of the year. This decision underscores the company's strong commitment to delivering value to its shareholders.

Details of the Dividend Declaration

The recently declared dividend will be payable to shareholders on a specified date, reflecting the company’s ongoing strength in the banking sector. It’s important for shareholders to note their records as the dividend will only benefit those who are recorded by a specific date.

Understanding the Impact of Dividends

Dividends serve as a direct benefit to shareholders and are often seen as an indicator of a company's financial health. When a company like Penns Woods Bancorp makes such declarations, it can signify their strong cash flow and continued profitability. This is an essential aspect for many investors who are looking for not just growth in stock price but also reliable income from their investments.

About Penns Woods Bancorp, Inc.

Penns Woods Bancorp operates as the holding company for Jersey Shore State Bank and Luzerne Bank. They play a pivotal role in serving communities in North Central and North Eastern Pennsylvania. Their offerings include retail banking, commercial banking, mortgage services, and other financial services, catering to diverse customer needs.

Continued Growth and Economic Stability

As a well-established financial institution in the region, Penns Woods Bancorp, Inc. continues to thrive. Their ability to maintain and increase dividends speaks volumes about their operational strategies and market position. Shareholders can take this dividend announcement as an encouraging sign of the management's effectiveness and the growth prospects for the bank.

Contact Information for Inquiries

For those seeking more information about Penns Woods Bancorp, further inquiries can be directed to Richard A. Grafmyre, the Chief Executive Officer. He can be reached at the company’s office located at 300 Market Street, Williamsport, PA, or through the following contact numbers: (570) 322-1111 and (888) 412-5772. Additionally, you can reach out via email at pwod@pwod.com.

Frequently Asked Questions

What is the amount of the declared dividend by Penns Woods Bancorp?

The declared dividend is $0.32 per share for the first quarter of the year.

When will the dividend be paid?

The dividend will be payable to shareholders on the designated payment date following the recording date.

What services does Penns Woods Bancorp provide?

Penns Woods Bancorp offers retail banking, commercial banking, mortgage services, and various financial services.

Who should I contact for more information?

You can contact Richard A. Grafmyre, CEO, via phone or email for more information.

Where is Penns Woods Bancorp located?

Penns Woods Bancorp is based at 300 Market Street, Williamsport, PA.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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