Finward Bancorp Common Stock · FNWD · NASDAQ
Dividend report · updated Nov 11, 2026
$43.77 -0.61% on the day, -$0.27
FNWD stock page: price, charts & signals →
UnlockDividend Safety Rating: paid plans onlyDividend Safety Rating: paid plans only Is FNWD’s dividend Very Safe or High Risk? 6 checks scored. Payout ratio, raise streak, recession record and 3 more. Show the rating
Yearly payout / yield
$0.48·1.10%
$0.12 quarterly x 4 ⓘ
Next payment
~$0.12/qtr
pays ~Dec 23 (est.) ⓘ
Next ex-date
Dec 21est.
own by Dec 18 ⓘ
Years without a cut
1 yr
since the 2024 cut (-61.3%) ⓘ
Paying since
2021
19 payments on file
Yield vs history ⓘ
Reset
by the 2024 cut
FNWD share price & total return
Daily closing price, adjusted for stock splits.
Every payment since Dec 2021
FNWD Dividend Growth (CAGR) ⓘ
1Y 0.0%3Y -27.1%
Per-share amount, by the date it paid (~ = about, from its usual pay gap).
Annual dividends and growth
Total paid per share in each calendar year. 2026: the solid bar is paid so far; the dashed box on top is expected (1 estimated from the current $0.12 rate), not a promise. Years with an extra or a missing payment (dates sliding across New Year) are compared per payment.
Next 5 years if the pace holds
If the recent pace holds — one-off jumps left out. Not a forecast. Pace: 0% a year, its typical raise over the last 4 years. Today's $0.48 a year would stay $0.48 by 2031 - 1.10% on today's $43.77 price.

How Many FNWD Shares for $500 or $1,000 a Month?

At $0.48 a share a year, $500 a month takes about 12,500 FNWD shares, about $547,125 at the Nov 11, 2026 close of $43.77. $1,000 a month takes about 25,000 shares, about $1,094,250. Before taxes, and only while the rate holds.

Finward Bancorp Common Stock (FNWD) pays $0.12 a share quarterly, $0.48 a year, a 1.10% run-rate yield at the Nov 11, 2026 close of $43.77. It has made 19 dividend payments since 2021.

At today’s rate of $0.12 quarterly and the last close of $43.77, this is what FNWD pays before taxes, if the rate stays where it is:

You holdEach paymentPer month (avg)Per year
1 share$0.12$0.04$0.48
100 shares$12.00$4.00$48.00
$10,000 invested (228.5 shares)$27.42$9.14$109.66
12,500 shares ($500/mo)$1,500.00$500.00$6,000.00
25,000 shares ($1,000/mo)$3,000.00$1,000.00$12,000.00

With DRIP on, every payment buys more shares instead of landing as cash. 100 FNWD shares reinvest into 0.27 new shares each payment, about 1.1 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 365 shares. Raises speed that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with FNWD’s own history in the FNWD DRIP calculator.

UnlockDividend Safety Rating: paid plans only
Dividend Safety Rating Not financial advice
See FNWD’s rating and its 6 factors.
See the rating & factors »
An algorithmic rating built from reported data, not a recommendation.
  • Coverage (EPS): are profits enough to pay the dividend rating
  • Coverage (FCF): is spare cash enough to pay the dividend rating
  • Dividend vs cash flow + debt: is the dividend paid with borrowed money report
  • Debt load: how much the balance sheet leans on borrowing rating
  • Debt interest coverage: can profits easily pay the interest bill rating
  • Liquidity: is there cash for debts due this year rating
  • Earnings direction: are sales and profits growing or shrinking report
  • Raise streak: how many years in a row it raised see details
  • Years without a cut: how long since the last dividend cut see details
  • Raise vs trend: are recent raises keeping their usual pace history
  • Yield vs history: is today’s yield high or low versus its past rating
  • Recession record: what the dividend did in past crashes history

FNWD Dividend Yield Today vs Its 5-Year Range

Reset by the 2024 cut
  • FNWD yields 1.10% today, at the Nov 11, 2026 close of $43.77.
  • A cut in 2024 skews its yield history. So there is no usual level to compare today’s yield with yet.
Last 5 years: lowest to highest month-end yield
1.08% low6.76% high
Blue mark = today. A higher yield means a lower price against the payout.

How it works. Each month-end over the last 10 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.

When Is FNWD’s Next Dividend? Ex-Date and Pay Date After September 2026

FNWD has not declared its next dividend yet. By its usual rhythm of about 94 days between ex-dates, the next ex-date falls around Dec 21, 2026, with the cash around Dec 23, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.12 a share, went ex on Sep 18, 2026 and paid Sep 21, 2026.

  • Ex-dates: about every 94 days (quarterly)
  • Payment: usually about 2 days after the ex-date
  • Next earnings report: Jan 26, 2027

Every payer going ex-dividend this week is on the dividend calendar.

How Often Does FNWD Pay?

FNWD pays quarterly, 4 times a year. Recent payments arrived in Mar, Jun, Sep and Dec, with ex-dates in Mar, Jun, Sep and Dec. The ex-date comes about every 94 days, and the cash usually lands about 2 days later.

Paid in the last 12 months
$0.48 a share, in 4 payments.
+33.3% against the 12 months before ($0.36 in 3 payments).
Cash that landed, by pay date. The yield up top uses today’s rate instead, so a raise or a cut shows there first.
Payout months
JanFebMarAprMayJunJulAugSepOctNovDec
Pays in Mar, Jun, Sep and Dec. Ex-dates fall in Mar, Jun, Sep and Dec (latest 4 payments).
Raise history
  • Streak: 0 years of higher annual totals (through 2025)
  • Last raise: none found in the regular-rate history
Coverage
  • EPS payout: 27.1% - $0.48 paid / $1.77 EPS (4 quarters to Sep 30, 2026)
Deposits, loans and policy float run through operating cash flow here, so it does not measure dividend coverage.

FNWD vs Similar Dividend Stocks (BANX, UBAB...)

Against the 10 dividend-paying Financial Services companies closest to FNWD in market value, FNWD’s 1.10% run-rate yield is below the group’s middle yield of 5.65%, and its raise streak of 0 years is the 8th longest. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.

Ticker Dividend ⓘ Yield Safety Rating No cut ⓘ
FNWD $43.77Finward Bancorp Common Stock $0.12/qtr$0.48/yr fwd 1.10% Dividend Safety Rating: paid plans only 1 yrno raise streak
BANX $19.41ArrowMark Financial $0.15/mo$1.80/yr fwd 9.27% Dividend Safety Rating: paid plans only 0 yrsno raise streak
UBAB $62.00United Bancorporation of Alabama $0.71/half-yr$1.42/yr fwd 2.29% Dividend Safety Rating: paid plans only 12+ yrsraised 9 yrs in a row
SCM $6.87Stellus Capital Investment $0.083/mo$1.00/yr fwd 14.50% Dividend Safety Rating: paid plans only 0 yrsno raise streak
SBFG $29.11SB Financial Group $0.16/qtr$0.64/yr fwd 2.20% Dividend Safety Rating: paid plans only 13 yrsraised 12 yrs in a row
FCMGF $7.54Firm Capital Mortgage Investment $0.0559/mo$0.67/yr fwd 8.89% Dividend Safety Rating: paid plans only 8+ yrsraised 1 yr in a row
LARK $32.28Landmark Bancorp $0.21/qtr$0.84/yr fwd 2.60% Dividend Safety Rating: paid plans only 30+ yrsraised 1 yr in a row
MPV $16.30Barings Participation Investors $0.37/qtr$1.48/yr fwd 9.08% Dividend Safety Rating: paid plans only 5 yrsraised 1 yr in a row
WHF $8.05WhiteHorse Finance $0.17/qtr$0.68/yr fwd 8.45% Dividend Safety Rating: paid plans only 0 yrsno raise streak
CSBB $76.36CSB Bancorp $0.45/qtr$1.80/yr fwd 2.36% Dividend Safety Rating: paid plans only 8+ yrsraised 8+ yrs in a row
BKUT $684.99Bank of Utica $9.75/half-yr$19.50/yr fwd 2.85% Dividend Safety Rating: paid plans only 24+ yrsraised 25+ yrs in a row

Yield and the safety rating are only half of it. See total returns with dividends reinvested, side by side: FNWD vs BANX, FNWD vs UBAB, FNWD vs SCM.

FNWD Dividend History: Every Payment Since 2021

Ex-datePay dateAmountFrequencyType
Sep 18, 2026Sep 21, 2026$0.12QuarterlyRegular
Jun 17, 2026Jun 19, 2026$0.12QuarterlyRegular
Mar 16, 2026Mar 18, 2026$0.12QuarterlyRegular
Dec 17, 2025Dec 19, 2025$0.12QuarterlyRegular
Aug 29, 2025Sep 1, 2025$0.12QuarterlyRegular
Apr 28, 2025Apr 30, 2025$0.12QuarterlyRegular
Jan 21, 2025Jan 23, 2025$0.12QuarterlyRegular
Oct 18, 2024Oct 21, 2024$0.12QuarterlyRegular
Jul 19, 2024Jul 22, 2024$0.12QuarterlyRegular
Apr 22, 2024Apr 24, 2024$0.12QuarterlyRegular
The other 9 FNWD payments come with a paid plan.
Show all 19 payments »
Newest first. Amounts are per share as paid, restated for splits; frequency is the schedule on file for that payment; a payment over 2.5x its neighbours is marked special.
From reported payments, prices and filings — data, not investment advice.

What the Dividend Safety Rating Means for FNWD

UnlockDividend Safety Rating: paid plans only
See where FNWD lands, and why.
See the rating & factors »
Own FNWD? Your payouts fill in by themselves Add FNWD once, with your buy date and share count. Every dividend since fills in, dated and in dollars, and with DRIP on each new share is counted for you.
Track FNWD →

FNWD Dividend Questions

How often does FNWD pay dividends?

FNWD pays quarterly, 4 times a year. Recent payments arrived in Mar, Jun, Sep and Dec, with ex-dates in Mar, Jun, Sep and Dec. The ex-date comes about every 94 days, and the cash usually lands about 2 days later.

Does FNWD pay dividends monthly?

No. FNWD pays quarterly, 4 times a year. For payers that pay every month, see the monthly dividend stocks.

When is the next FNWD dividend?

FNWD has not declared its next dividend yet. By its usual rhythm of about 94 days between ex-dates, the next ex-date falls around Dec 21, 2026, with the cash around Dec 23, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.12 a share, went ex on Sep 18, 2026 and paid Sep 21, 2026. The current rate is $0.12 per share, $0.48 a year.

Does FNWD pay a dividend in December 2026?

Not declared yet. By its usual rhythm the next ex-date falls around Dec 21, 2026, with the cash around Dec 23, 2026, so a payment in December 2026 is likely. Only the company’s declaration makes it final.

How much does FNWD pay per share?

FNWD pays $0.12 a share quarterly, $0.48 a year. At the Nov 11, 2026 close of $43.77 that is a 1.10% run-rate yield.

Has FNWD raised its dividend?

FNWD has no current streak of yearly raises. Since then the rate was cut on Jan 22, 2024, from $0.31 to $0.12.

Is FNWD’s dividend safe?

No rating can promise a future payment, but the record on file says a lot. FNWD paid out 27% of its earnings as dividends over the 4 quarters to Sep 30, 2026. It has gone 1 years without a cut. This is data, not investment advice. The full 6-check rating comes with a plan.

How do I track my FNWD dividends?

Add FNWD to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run FNWD in the DRIP calculator.

More Dividend Lists and Tools

How this page is built: the rate is the latest regular dividend per share; run-rate yield = rate × payments per year ÷ last close (Nov 11, 2026), never a trailing 12-month total, which lags after a raise and hides a cut. Specials and one-off payments never count in the rate; a payer whose regular payments differ in size is annualized over its last full cycle of regular payments. Raise streak = consecutive calendar years with a higher amount per payment than the year before; years without a cut = years in which the amount per payment held within 1%. The Dividend Safety Rating reads 6 visible lines: coverage, streak, raise pace and yield range for dividend stocks; NAV trend, NAV funding and payout stability for income funds. Similar payers = the same sector or fund group, nearest in market value or fund size. Payments, prices and filings come from DRIPCALC’s price and dividend database. History is not a forecast. This is data, not investment advice.