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WILLIAMSPORT, Pa. - Woodlands Financial Services Company (OTC Pink: WDFN) has announced a quarterly cash dividend of twenty-nine cents per share. The dividend is payable on February 28, 2025, to shareholders of record as of February 14, 2025. According to InvestingPro data, the company has maintained dividend payments for 28 consecutive years, with the current yield at 4.83%.
The company, a financial services holding firm, operates through Woodlands Bank and Woodlands Stock Corporation, offering commercial and consumer banking along with trust services in Lycoming and Clinton Counties. InvestingPro subscribers can access 8 additional key insights about WDFN’s financial health and market performance.
This financial move reflects Woodlands Financial Services Company’s continued commitment to providing value to its shareholders. Dividends are a way for companies to distribute a portion of their earnings back to shareholders, and the declaration of a cash dividend typically indicates the company’s confidence in its current financial health and future performance.
Investors in the company will mark February 14, 2025, as the record date, which is the cutoff for them to be eligible to receive the declared dividend.
Woodlands Financial Services Company’s decision to declare a dividend is based on various factors, including its earnings, financial condition, and capital requirements. While the declaration of dividends is a positive sign, investors often look at the consistency and growth of dividends over time as an indicator of a company’s stability and management’s outlook on future earnings.
The information on this dividend declaration is based on a press release statement from Woodlands Financial Services Company.
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