Finward Bancorp (FNWD) To Go Ex-Dividend on December 17th

Finward Bancorp (NASDAQ:FNWD) declared a quarterly dividend on Wednesday, December 3rd. Stockholders of record on Wednesday, December 17th will be paid a dividend of 0.12 per share on Tuesday, December 30th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, December 17th.

Finward Bancorp has decreased its dividend by an average of 0.2%per year over the last three years. Finward Bancorp has a payout ratio of 29.3% indicating that its dividend is sufficiently covered by earnings.

Finward Bancorp Stock Performance

Shares of Finward Bancorp stock opened at $39.47 on Friday. The business has a 50-day simple moving average of $34.21 and a 200-day simple moving average of $31.08. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.86 and a current ratio of 0.86. Finward Bancorp has a one year low of $26.12 and a one year high of $39.99. The company has a market cap of $170.91 million, a PE ratio of 20.67 and a beta of 0.31.

Finward Bancorp (NASDAQ:FNWD) last issued its quarterly earnings results on Tuesday, October 28th. The company reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.41. Finward Bancorp had a net margin of 8.01% and a return on equity of 5.27%. The company had revenue of $15.11 million during the quarter, compared to the consensus estimate of $17.80 million. On average, equities research analysts forecast that Finward Bancorp will post 0.9 EPS for the current fiscal year.

Finward Bancorp Company Profile

Finward Bancorp operates as the holding company for Peoples Bank that provides various banking products and services. The company’s deposit products include non-interest- and interest-bearing demand accounts, savings accounts, money market deposit accounts, certificate accounts, and retirement savings plans.