Norwood Financial Corp Declares Quarterly Cash Distribution

Norwood Financial Corp. Announces Cash Dividend

Norwood Financial Corp. (OTC: NWFL) today announced that its board of directors has declared a cash dividend of $0.12 per share, payable on April 15, 2023, to shareholders of record as of March 31, 2023.

The dividend represents a quarterly distribution and is in line with the company's commitment to returning value to its shareholders. "We are pleased to continue to reward our shareholders with a cash dividend, reflecting our strong financial performance and confidence in our future prospects," said Norwood Financial Corp.'s CEO.

The dividend will be paid out of the company's available cash and is subject to the usual withholding taxes. Shareholders are encouraged to consult with their tax advisors to determine the tax implications of this dividend.

Norwood Financial Corp. is a bank holding company that operates through its wholly-owned subsidiary, Norwood Bank. The company is headquartered in Norwood, Massachusetts, and is listed on the OTC Markets Group's OTCQB market. For more information, please visit the company's website at www.norwoodbank.com.