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Northway Financial (Northway Financial) Dividend Yield % : 3.81% (As of May. 09, 2024)


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What is Northway Financial Dividend Yield %?

As of today (2024-05-09), the Trailing Annual Dividend Yield of Northway Financial is 3.81%.

The historical rank and industry rank for Northway Financial's Dividend Yield % or its related term are showing as below:

NWYF' s Dividend Yield % Range Over the Past 10 Years
Min: 1.92   Med: 2.74   Max: 4.44
Current: 3.81

During the past 13 years, the highest Dividend Yield of Northway Financial was 4.44%. The lowest was 1.92%. And the median was 2.74%.

NWYF's Dividend Yield % is ranked worse than
52.73% of 1191 companies
in the Banks industry
Industry Median: 3.97 vs NWYF: 3.81

Northway Financial's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.33.

During the past 13 years, the highest Dividend Payout Ratio of Northway Financial was 0.72. The lowest was 0.21. And the median was 0.31.

As of today (2024-05-09), the Forward Dividend Yield % of Northway Financial is 3.81%.

Northway Financial's Dividends per Share for the six months ended in Dec. 2023 was $0.70.

During the past 10 years, the average Dividends Per Share Growth Rate was 1.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Northway Financial was 23.20% per year. The lowest was 0.80% per year. And the median was 4.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Northway Financial Dividend Yield % Historical Data

The historical data trend for Northway Financial's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Northway Financial Dividend Yield % Chart

Northway Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.08 2.50 2.14 3.41 3.84

Northway Financial Semi-Annual Data
Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec08 Dec09 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.08 2.50 2.14 3.41 3.84

Competitive Comparison of Northway Financial's Dividend Yield %

For the Banks - Regional subindustry, Northway Financial's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Northway Financial's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Northway Financial's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Northway Financial's Dividend Yield % falls into.



Northway Financial Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Northway Financial Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3500002024-02-022024-02-052024-02-12Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.3500002023-08-042023-08-072023-08-14Cash Dividendsemi-annuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Northway Financial's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.7/18.35
=3.81 %

Current Share Price is $18.35.
Northway Financial's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.7.

Northway Financial's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.7/18.35
=3.81 %

Current Share Price is $18.35.
Northway Financial's Dividends per Share for the forward twelve months is calculated as $0.35 * 2 = $0.7.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Northway Financial  (OTCPK:NWYF) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Northway Financial Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Northway Financial's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Northway Financial (Northway Financial) Business Description

Traded in Other Exchanges
N/A
Address
3424 White Mountain Highway, North Conway, Conway, NH, USA, 03860
Northway Financial Inc is a bank holding company. The bank is engaged in the business of attracting deposits from the public and investing those deposits in securities, commercial loans, real estate loans, and consumer loans. It provides various products and services such as Personal checking, Debit cards, Online banking, Mobile Banking, Mortgages, Business Loans, Credit cards, Personal insurance, investments, and other related services.
Executives
Jeffrey D Smith officer: SVP-Chief Admin. Officer 2 ELM STREET / PO BOX 310, CAMDEN ME 04843
Fletcher W Adams director
Stephen G Boucher director
Richard P Orsillo officer: SVP & Chief Financial Officer
Richard T Brunelle officer: SVP Comm'l Loan Officer
William J Woodward director, officer: Chairman, President & CEO
John H Noyes director
Barry J Kelly director
John A Gobel officer: SVP/Senior Technology Officer PO BOX 69, FRANKFORT ME 04438
Mark C Bechtold officer: SVP/Sr HR Leadership Dev Off. 99 HYFIELD LANE, JEFFERSON NH 03583
John D Morris director