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Stock impact report

Norwood Financial (NASDAQ:NWFL) Is Increasing Its Dividend To $0.32 [Yahoo! Finance]

Norwood Financial Corp. (NWFL) 
US:NASDAQ Investor Relations: waynebank.com/stockholder-services
Company Research Source: Yahoo! Finance
This makes the dividend yield 4.6%, which is above the industry average. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. A big dividend yield for a few years doesn't mean much if it can't be sustained. Having distributed dividends for at least 10 years, Norwood Financial has a long history of paying out a part of its earnings to shareholders. Past distributions unfortunately do not guarantee future ones, and Norwood Financial's last earnings report actually showed that the company went over its net earnings in its total dividend distribution. This is an alarming sign for the sustainability of its dividends, as it may mean that Norwood Financialis pulling cash from elsewhere to keep its shareholders happy. The next 3 years are set to see EPS grow by 151.1%. Despite the current payout ratio being slightly elevated, analysts estimate the future payout ratio will be 36% over the same time period, which would make Show less Read more
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