Citizens & Northern Corporation
CZNCFinancial Services · Stock · quarterly payer
Forward Yield
4.41%
Annual Dividend
$1.12
Payout Ratio
76%
5-Yr Growth
0.7%
Ex-Date
Aug 3, 2026
Frequency
Quarterly
Summary
As of August 2026, Citizens & Northern Corporation (CZNC) yields 4.41% ($1.12 per share annually), with a blended fair-value estimate of $53.66 — +111% upside, so it screens as undervalued. Dividend safety grade: A (82/100).
Is CZNC a good dividend stock?
YesCitizens & Northern Corporation (CZNC) pays a quarterly dividend yielding 4.41% ($1.12/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Top-tier dividend safety score
Risks
- Cut its dividend in 2010
Key Data
- Dividend Yield
- 4.41%
- Payout Ratio
- 76%
- Annual Dividend
- $1.12
- 5-Yr Avg Growth
- 0.7%
- Ex-Dividend Date
- Aug 3, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.40
- Market Cap
- $455.6M
- P/E Ratio
- 17.3
- 5-Yr Total Return
- 1%
- 52-Week Range
- $18.16 – $25.84
- Dividend Safety
- A · 82/100
- Ever Cut?
- Yes (2010)
Frequently Asked Questions
CZNC Price — Last 12 Months
Daily close
Price Return
1 Year
+26%
3 Years
+41%
5 Years
+1%
52-Week Range
$18.16 – $25.84
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CZNC worth?
Undervaluedlow confidenceOur blended fair-value estimate for Citizens & Northern Corporation is $53.66 per share, versus a market price of $25.39. That implies 111% of upside — a margin of safety of about 53%.
Fair Value
$53.66
Current Price
$25.39
Upside
+111%
Margin of Safety
53%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -3.1% annual free-cash-flow growth. We model 16.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 16.0% stage-1 growth, 2.5% terminal growth, $1.47 EPS, $1.12 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CZNC Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 4, 2026 | — | $0.2800 | regular |
| Feb 2, 2026 | — | $0.2800 | regular |
| Nov 3, 2025 | — | $0.2800 | regular |
| Aug 4, 2025 | — | $0.2800 | regular |
| May 2, 2025 | — | $0.2800 | regular |
| Feb 3, 2025 | — | $0.2800 | regular |
| Oct 28, 2024 | — | $0.2800 | regular |
| Jul 29, 2024 | — | $0.2800 | regular |
| May 3, 2024 | — | $0.2800 | regular |
| Jan 26, 2024 | — | $0.2800 | regular |
| Oct 27, 2023 | — | $0.2800 | regular |
| Jul 28, 2023 | — | $0.2800 | regular |
| Apr 28, 2023 | — | $0.2800 | regular |
| Feb 2, 2023 | — | $0.2800 | regular |
Income Calculator
At $1.12 / yr per share
