Why Norwood Financial Corp. (NWFL) is a Great Dividend Stock Right Now

Company Overview - Norwood Financial Corp. (NWFL) is located in Honesdale and operates within the Finance sector [3] - The stock has experienced a price change of -0.86% since the beginning of the year [3] Dividend Information - The current dividend payout is $0.31 per share, resulting in a dividend yield of 4.6%, which is significantly higher than the Banks - Northeast industry's yield of 2.49% and the S&P 500's yield of 1.47% [3] - The annualized dividend of $1.24 has increased by 3.3% from the previous year [4] - Over the past 5 years, NWFL has raised its dividend 5 times, achieving an average annual increase of 4.67% [4] - The current payout ratio is 57%, indicating that the company distributes 57% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for 2025 projects earnings of $2.68 per share, reflecting a year-over-year growth rate of 38.86% [5] - Future dividend growth will depend on earnings growth and the payout ratio [4] Investment Appeal - NWFL is considered an attractive dividend investment and is rated with a Zacks Rank of 2 (Buy) [6] - The company is positioned as a compelling investment opportunity, especially for income investors seeking consistent cash flow [2][6]