NORWOOD FINANCIAL CORP. (NASDAQ:NWFL) Files An 8-K Other EventsItem 8.01.Other Events.
On August 8, 2017, the Registrant's Board of Directors declared a 50% stock dividend on its common stock, $.10 par value per share (the "Common Stock"), payable on September 15, 2017, to shareholders of record as of August 22, 2017. Cash will be paid in lieu of fractional shares based on the closing price of the Common Stock on the record date.
For further details, reference is made to the Press Release dated August 9, 2017, which is furnished as Exhibit 99.1 hereto and incorporated herein by this reference.
Section 9–Financial Statements and Exhibits
Item 9.01.Financial Statements and Exhibits.
(d)Exhibits. The following exhibits are furnished herewith.
Exhibit 99.1 — Press Release, dated August 9, 2017
NORWOOD FINANCIAL CORP ExhibitEX-99 2 ex99-1.htm FOR IMMEDIATE RELEASE August 9,…To view the full exhibit click here
About NORWOOD FINANCIAL CORP. (NASDAQ:NWFL)
Norwood Financial Corp. is a bank holding company. The Company operates through its subsidiary, Wayne Bank (the Bank). The Bank is a chartered bank and trust company. The Bank is an independent community bank that operates over five offices in the Wayne County, approximately three offices in Pike County, four offices in Monroe County and over three offices in Lackawanna County. The Bank offers various personal and business credit services, trust and investment products, and real estate settlement services to the consumers, businesses, nonprofit organizations and municipalities in each of the communities that the Bank serves. The Bank primarily serves the Pennsylvania counties of Wayne, Pike, Monroe and Lackawanna, as well as the Susquehanna County. In addition, the Bank operates approximately 20 automated teller machines. The Bank operates a Wealth Management/Trust Department, which provides estate planning, investment management and financial planning to customers.