Penns Woods Bancorp's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Penns Woods Bancorp (NASDAQ:PWOD) announced a quarterly dividend of 32 cents per share, with the ex-dividend date set for Monday. Shareholders owning PWOD stock by the end of Friday's session will be eligible for the dividend payout, which will be distributed on June 20, 2023.
May 31, 2023 | 2:45 pm
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Penns Woods Bancorp's ex-dividend date is Monday, and shareholders owning the stock by the end of Friday's session will be eligible for the 32 cents per share dividend payout.
The news directly pertains to Penns Woods Bancorp (PWOD) and its dividend payout. The ex-dividend date is a neutral event, as it is a regular occurrence for dividend-paying stocks. The stock price will likely adjust lower by the dividend amount, but this is a normal market reaction and does not indicate a negative or positive impact on the stock.
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