
Delhi Bank Corp.
DWNXFinancial Services · Banks - Regional · Stock · quarterly payer
Forward Yield
1.91%
Annual Dividend
$0.41
Payout Ratio
45%
5-Yr Growth
0.8%
Ex-Date
Sep 30, 2026
Frequency
Quarterly
Key facts about DWNX's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Delhi Bank Corp. (DWNX) has a forward dividend yield of 1.91%, based on an annual dividend of $0.41 per share and a share price of $21.45.
- As of Oct 18, 2026, DWNX's dividend safety grade from SmarterDividends is A (96 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Delhi Bank Corp. (DWNX) has raised its dividend for 3 consecutive years as of Oct 18, 2026.
- DWNX has never cut its regular dividend in the payment history SmarterDividends has on record.
- DWNX's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.11 per share.
- As of Oct 18, 2026, DWNX pays out 45% of its trailing 12-month earnings as dividends (its payout ratio).
- DWNX's dividend has grown at an average rate of 0.8% a year over the past five years.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for DWNX is $8.50 per share, 60% below the $21.45 share price, so DWNX screens as overvalued.
- Delhi Bank Corp. (DWNX) pays its dividend quarterly, 4 times a year.
- Delhi Bank Corp. (DWNX) has raised its regular dividend 51 times and cut it 0 times across the 90 payments on record since 2003. Its most recent change was a 3.9% increase to $0.106 per share, going ex-dividend on Sep 30, 2026.
Cite this page
SmarterDividends, "DWNX Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/DWNX
Summary
As of Oct 18, 2026, Delhi Bank Corp. (DWNX) yields 1.91% ($0.41 a year per share), has a dividend safety grade of A (96/100) and has 3 consecutive years of dividend increases on record.
Is DWNX a good dividend stock?
YesDelhi Bank Corp. (DWNX) pays a quarterly dividend yielding 1.91% ($0.41/yr), with 3 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
- Never cut its dividend on record
- Comfortable payout ratio (45%)
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.91%
- Payout Ratio
- 45%
- Annual Dividend
- $0.41
- 5-Yr Avg Growth
- 0.8%
- Ex-Dividend Date
- Sep 30, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- -0.30
- Market Cap
- $72.4M
- P/E Ratio
- 23.3
- 5-Yr Total Return
- 14%
- 52-Week Range
- $20.60 – $21.87
- Dividend Safety
- A · 96/100
- Ever Cut?
- No
DWNX dividend raises and cuts
Delhi Bank Corp. (DWNX) has raised its regular dividend 51 times and cut it 0 times across the 90 payments on record since 2003. Its most recent change was a 3.9% increase to $0.106 per share, going ex-dividend on Sep 30, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Sep 30, 2026 | Raise | $0.102 → $0.106 | +3.9% |
| Mar 31, 2026 | Raise | $0.0990 → $0.102 | +3.0% |
| Sep 30, 2025 | Raise | $0.0960 → $0.0990 | +3.1% |
| Jun 29, 2023 | Raise | $0.0950 → $0.0960 | +1.1% |
| Mar 30, 2023 | Raise | $0.0940 → $0.0950 | +1.1% |
| Jun 29, 2021 | Raise | $0.0940 → $0.0945 | +0.5% |
| Sep 29, 2020 | Raise | $0.0935 → $0.0940 | +0.5% |
| Jun 29, 2020 | Raise | $0.0930 → $0.0935 | +0.5% |
| Mar 30, 2020 | Raise | $0.0910 → $0.0930 | +2.2% |
| Sep 27, 2019 | Raise | $0.0905 → $0.0910 | +0.6% |
| Mar 28, 2019 | Raise | $0.0900 → $0.0905 | +0.6% |
| Dec 18, 2018 | Raise | $0.0875 → $0.0900 | +2.9% |
Show all 51 changes since 2004
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Sep 27, 2018 | Raise | $0.0850 → $0.0875 | +2.9% |
| Jun 28, 2018 | Raise | $0.0825 → $0.0850 | +3.0% |
| Mar 28, 2018 | Raise | $0.0820 → $0.0825 | +0.6% |
| Sep 28, 2017 | Raise | $0.0815 → $0.0820 | +0.6% |
| Dec 28, 2016 | Raise | $0.0810 → $0.0815 | +0.6% |
| Mar 29, 2016 | Raise | $0.0805 → $0.0810 | +0.6% |
| Sep 28, 2015 | Raise | $0.0800 → $0.0805 | +0.6% |
| Dec 29, 2014 | Raise | $0.0795 → $0.0800 | +0.6% |
| Jun 26, 2014 | Raise | $0.0790 → $0.0795 | +0.6% |
| Dec 27, 2013 | Raise | $0.0785 → $0.0790 | +0.6% |
| Sep 26, 2013 | Raise | $0.0780 → $0.0785 | +0.6% |
| Jun 26, 2013 | Raise | $0.0775 → $0.0780 | +0.6% |
| Dec 27, 2012 | Raise | $0.0770 → $0.0775 | +0.6% |
| Sep 27, 2012 | Raise | $0.0765 → $0.0770 | +0.7% |
| Jun 27, 2012 | Raise | $0.0760 → $0.0765 | +0.7% |
| Mar 28, 2012 | Raise | $0.0750 → $0.0760 | +1.3% |
| Dec 28, 2011 | Raise | $0.0740 → $0.0750 | +1.4% |
| Sep 28, 2011 | Raise | $0.0735 → $0.0740 | +0.7% |
| Jun 28, 2011 | Raise | $0.0725 → $0.0735 | +1.4% |
| Mar 29, 2011 | Raise | $0.0720 → $0.0725 | +0.7% |
| Dec 29, 2010 | Raise | $0.0715 → $0.0720 | +0.7% |
| Sep 28, 2010 | Raise | $0.0700 → $0.0715 | +2.1% |
| Jun 28, 2010 | Raise | $0.0695 → $0.0700 | +0.7% |
| Mar 29, 2010 | Raise | $0.0677 → $0.0695 | +2.7% |
| Sep 28, 2009 | Raise | $0.0667 → $0.0677 | +1.5% |
| Jun 26, 2009 | Raise | $0.0660 → $0.0667 | +1.0% |
| Apr 21, 2009 | Raise | $0.0650 → $0.0660 | +1.5% |
| Dec 29, 2008 | Raise | $0.0643 → $0.0650 | +1.0% |
| Sep 26, 2008 | Raise | $0.0627 → $0.0643 | +2.7% |
| Jun 26, 2008 | Raise | $0.0617 → $0.0627 | +1.6% |
| Mar 27, 2008 | Raise | $0.0600 → $0.0617 | +2.8% |
| Dec 27, 2007 | Raise | $0.0583 → $0.0600 | +2.9% |
| Sep 26, 2007 | Raise | $0.0577 → $0.0583 | +1.2% |
| Jun 27, 2007 | Raise | $0.0567 → $0.0577 | +1.8% |
| Mar 28, 2007 | Raise | $0.0533 → $0.0567 | +6.3% |
| Mar 29, 2006 | Raise | $0.0467 → $0.0533 | +14.3% |
| Jun 28, 2005 | Raise | $0.0444 → $0.0467 | +5.0% |
| Sep 28, 2004 | Raise | $0.0333 → $0.0444 | +33.3% |
| Jun 28, 2004 | Raise | $0.0200 → $0.0333 | +66.7% |
Frequently Asked Questions
Is DWNX a good dividend stock?
Yes. Delhi Bank Corp. (DWNX) pays a quarterly dividend yielding 1.91% ($0.41/yr), with 3 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is DWNX undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, DWNX's fair value is about $8.50 versus a $21.45 share price — so it looks overvalued (-60% vs. fair value).
Is DWNX's dividend safe?
DWNX has a dividend-safety grade of A (96/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is DWNX's fair value?
Our blended fair-value estimate for DWNX is about $8.50 per share, about 60% below the current $21.45 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is DWNX a buy, hold, or sell?
We don't issue formal ratings, but on the data DWNX screens as "yes" and overvalued. Delhi Bank Corp. (DWNX) pays a quarterly dividend yielding 1.91% ($0.41/yr), with 3 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will DWNX cut its dividend?
DWNX earns a dividend-safety grade of A (96/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does DWNX pay a dividend?
Yes. Delhi Bank Corp. pays a quarterly dividend of about $0.41 per share annually, a forward yield of roughly 1.91%.
What is DWNX's dividend yield?
As of Oct 18, 2026, DWNX's forward dividend yield is 1.91%, based on a $0.41 annual dividend and a $21.45 share price.
What is DWNX's dividend per share?
As of Oct 18, 2026, DWNX pays $0.41 per share per year, distributed on a quarterly basis.
What is DWNX's dividend payout ratio?
As of Oct 18, 2026, DWNX's payout ratio is 45% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has DWNX grown its dividend?
As of Oct 18, 2026, DWNX has increased its dividend for 3 consecutive years.
When is the next DWNX ex-dividend date?
As of Oct 18, 2026, DWNX's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.11 per share.
DWNX Price — Last 12 Months
Daily close
Price Return
1 Year
+4%
3 Years
+5%
5 Years
+14%
52-Week Range
$20.60 – $21.87
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DWNX worth?
Overvaluedlow confidenceOur blended fair-value estimate for Delhi Bank Corp. is $8.50 per share, versus a market price of $21.45. That implies 60% of downside.
Fair Value
$8.50
Current Price
$21.45
Downside
-60%
Margin of Safety
-152%
How we get there
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 9.3% discount rate (CAPM), 0.8% growth for five years fading to 2.5% over the next five, $0.92 EPS, $0.41 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DWNX 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
Full DWNX dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 30, 2026 | Oct 15, 2026 | $0.1060 | regular |
| Jun 30, 2026 | Jul 15, 2026 | $0.1020 | regular |
| Mar 31, 2026 | Apr 15, 2026 | $0.1020 | regular |
| Dec 31, 2025 | Jan 15, 2026 | $0.0990 | regular |
| Sep 30, 2025 | Oct 15, 2025 | $0.0990 | regular |
| Jun 30, 2025 | Jul 14, 2025 | $0.0960 | regular |
| Mar 31, 2025 | Apr 15, 2025 | $0.0960 | regular |
| Dec 31, 2024 | Jan 15, 2025 | $0.0960 | regular |
| Sep 30, 2024 | Oct 15, 2024 | $0.0960 | regular |
| Jun 28, 2024 | Jul 15, 2024 | $0.0960 | regular |
| Mar 27, 2024 | Apr 15, 2024 | $0.0960 | regular |
| Dec 28, 2023 | Jan 12, 2024 | $0.0960 | regular |
| Sep 28, 2023 | Oct 13, 2023 | $0.0960 | regular |
| Jun 29, 2023 | Jul 17, 2023 | $0.0960 | regular |
Income Calculator
At $0.41 / yr per share
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