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MUNSTER, Ind. - Finward Bancorp (NASDAQ:FNWD), the holding company for Peoples Bank, announced today that its Board of Directors has declared a quarterly dividend of $0.12 per share on its common stock, maintaining its 28-year streak of consecutive dividend payments. The dividend, representing a 1.62% yield, will be payable on September 12, 2025, to shareholders of record as of August 29, 2025.
Finward Bancorp, with a market capitalization of $128 million, is a locally managed financial holding company headquartered in Munster, Indiana. Its primary activity is holding the stock of Peoples Bank, which provides personal, business, electronic, and wealth management financial services through 26 locations across Lake and Porter Counties in Northwest Indiana and the Chicagoland area. Analyst targets suggest potential upside, with price targets ranging from $30 to $32.
The dividend announcement comes as the company operates under a memorandum of understanding with the Federal Deposit Insurance Corporation (FDIC) and Indiana Department of Financial Institutions (DFI), which requires prior regulatory approval for cash dividend payments.
Finward Bancorp’s common stock is traded on The NASDAQ Stock Market under the symbol FNWD.
The information in this article is based on a press release statement issued by the company.
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