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Stock impact report

Orrstown Financial Services (NASDAQ:ORRF) Is Paying Out A Larger Dividend Than Last Year [Yahoo! Finance]

Orrstown Financial Services Inc (ORRF) 
Last orrstown financial services inc earnings: 4/21 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.orrstown.com
Company Research Source: Yahoo! Finance
This makes the dividend yield about the same as the industry average at 3.3%. 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. We aren't too impressed by dividend yields unless they can be sustained over time. Orrstown Financial Services has established itself as a dividend paying company with over 10 years history of distributing earnings to shareholders. Taking data from its last earnings report, calculating for the company's payout ratio shows 25%, which means that Orrstown Financial Services would be able to pay its last dividend without pressure on the balance sheet. Looking forward, EPS is forecast to rise by 4.7% over the next 3 years. Analysts estimate the future payout ratio will be 27% over the same time period, which is in the range that makes us comfortable with the sustainability of the dividend. Check out our latest analysis for Orrstown Financial Services The company has an extended history Show less Read more
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