Trailing Dividend / Share
$0.36
Finward Bancorp (FNWD) Dividend History
Income profile from 1996 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
1.1%
Payout Ratio
19.3%
Sustainable
Dividend Streak
0 years
FNWD Dividend Income Check
Safety
19.3% payout ratio with sustainable safety profile.
Consistency
0 straight years of dividend increases.
Income Trend
Yield on cost is 1.3% and trend is falling.
FNWD Dividend Scorecard
Yield & Income
Dividend Yield1.1%
Trailing DPS$0.36
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout19.3%
Earnings SafetySustainable
FCF Payout18.2%
FCF SafetyWell Covered
Piotroski F-Score6/9
Growth
Growth Streak0 years
3Y CAGR-27.1%
5Y CAGR-17.3%
Yield on Cost (5Y)1.3%
YOC Trendfalling
Total Returns
Buyback Yield0.0%
Total Shareholder Yield1.1%
1Y Total Return18.7%
5Y Total Return-15.4%
Div Contribution (5Y)9.3%
Estimated $10K growth (return + dividends):
5Y ago$8,46210Y ago$14,90920Y ago$17,511
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
FNWD Income Growth Story
Dividend per share and yield on cost over time (31 years of payments)
FNWD Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Finward Bancorp distributes 19.3% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 18.2%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
FNWD does not have a current streak of consecutive dividend increases, with a 3-year CAGR of -27.1% and 5-year CAGR of -17.3%.
Total Shareholder Returns
Beyond cash dividends, FNWD returns capital through share repurchases. The combined picture: 1.1% dividend yield, 1.1% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 1.3% and is currently falling. The 5-year total return is -15.4%, with dividends contributing 9.3% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $14,909 today.
FNWD Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$4.30
Avg/Payment$0.2150
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 17, 2026Latest | $0.1200 | — | 1.41% | Jun 29, 2026 |
| Mar 16, 2026 | $0.1200 | — | 94.89% | Mar 31, 2026 |
| Dec 17, 2025 | $0.1200 | — | 1.27% | Dec 30, 2025 |
| Aug 29, 2025 | $0.1200 | — | 1.50% | Sep 12, 2025 |
| Apr 28, 2025 | $0.1200 | — | 1.55% | May 12, 2025 |
| Jan 21, 2025 | $0.1200 | — | 1.78% | Feb 3, 2025 |
| Oct 18, 2024 | $0.1200 | — | 1.56% | Oct 31, 2024 |
| Jul 19, 2024 | $0.1200 | — | 2.56% | Aug 1, 2024 |
FNWD Dividend vs Peers
Comparable companies in the same industry
#8 yield in peer group
Div Yield
1.1%
#8 of 9
Safety
Sustainable
19.3% payout
Streak
0Y
-17.3% 5Y CAGR
Total Shareholder
1.1%
#9 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
 FNWDFinward Bancorp | $147M | 1.1% | 19.3% | 0 | Sustainable |
 CFBKCF Bankshares Inc. | $201M | 1.0% | 11.5% | 5 | Sustainable |
2nd  NECBNortheast Community … | $359M | 3.8% | 30.0% | 2 | Sustainable |
3rd  HFBLHome Federal Bancorp… | $60M | 2.7% | 41.9% | 12 | Sustainable |
 CZWICitizens Community B… | $207M | 1.7% | 25.0% | 6 | Sustainable |
 FHNFirst Horizon Corpor… | $12.5B | 2.5% | 31.9% | 0 | Sustainable |
 PFSIPennyMac Financial S… | $4.3B | 1.4% | 12.5% | 2 | Sustainable |
1st  FISFidelity National In… | $20.3B | 4.2% | 2.2% | 1 | Sustainable |
 JKHYJack Henry & Associa… | $9.3B | 1.8% | 36.1% | 22 | Sustainable |
FNWD Annual Dividend History (1996–2026)
31 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.24 | — | 2 | — | — | — | 0.7% |
| 2025 | $0.48 | 0.0% | 4 | $1.88 | 25.5% | 3.92x | 1.3% |
| 2024 | $0.48 | -48.4% | 4 | $2.84 | 16.9% | 5.92x | 1.3% |
| 2023 | $0.93 | -25.0% | 3 | $1.96 | 47.4% | 2.11x | 2.6% |
| 2022 | $1.24 | 0.0% | 4 | $3.60 | 34.4% | 2.90x | 3.4% |
| 2021 | $1.24 | 0.0% | 4 | $4.30 | 28.8% | 3.47x | 3.4% |
| 2020 | $1.24 | 0.8% | 4 | $4.79 | 25.9% | 3.86x | 3.4% |
| 2019 | $1.23 | 3.4% | 4 | $3.53 | 34.8% | 2.87x | 3.4% |
| 2018 | $1.19 | 3.5% | 4 | $3.08 | 38.6% | 2.59x | 3.3% |
| 2017 | $1.15 | 3.6% | 4 | $3.13 | 36.7% | 2.72x | 3.2% |
What if you invested $1,000 in FNWD back in 1996?
Total return with dividends reinvested · 30+ years of data
Calculate ReturnsHow much would $100/month in FNWD be worth today?
Dollar cost averaging vs lump sum · see how regular investing compounds over time
Run the NumbersIs FNWD Undervalued Right Now?
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Compare NowFNWD — Frequently Asked Questions
Quick answers to the most common questions about buying FNWD stock.
How much dividend does FNWD pay per share?
Finward Bancorp (FNWD) pays a trailing 12-month dividend of $0.36 per share, with a current dividend yield of +1.1%. Payments are made Semi-Annual.
When is FNWD's next ex-dividend date?
FNWD's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. FNWD typically pays dividends Semi-Annual.
Is FNWD's dividend safe?
FNWD's dividend safety is rated "Sustainable" based on an earnings payout ratio of +19.3% and FCF payout ratio of +18.2%. The dividend history does not yet show a prolonged growth streak.
How many years has FNWD increased its dividend?
FNWD has not maintained a consecutive growth streak recently. The 5-year dividend CAGR is -17.3%.
How often does FNWD pay dividends?
Finward Bancorp pays dividends Semi-Annual. The trailing 12-month total is $0.36 per share. Dividend data on this page covers 30+ years from 1996 to 2026.
How much would $10,000 invested in FNWD grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in FNWD five years ago would be worth approximately $8,462 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is FNWD's yield on cost for long-term holders?
FNWD's yield on cost — the current dividend divided by the original purchase price — is +1.3% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.1% market yield, thanks to the lower original cost basis.