Norwood Financial Corp. announced that the Board of Directors declared a $0.29 per share quarterly dividend, payable February 1, 2023, to shareholders of record as of January 13, 2023. The $0.29 per share represents an increase of 3.6% over the cash dividend declared in the third quarter of 2022 and the fourth quarter of 2021.

During 2022, total cash dividends declared were $1.13 per share, compared to the $1.06 per share declared in 2021.