SmarterDividends
DWNX

Delhi Bank Corp.

DWNX

Financial Services · Banks - Regional · Stock · quarterly payer

$21.45

Overvalued · -60% Add to Portfolio

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?

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.

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-dateChangeOld → newMove
Sep 30, 2026Raise$0.102 → $0.106+3.9%
Mar 31, 2026Raise$0.0990 → $0.102+3.0%
Sep 30, 2025Raise$0.0960 → $0.0990+3.1%
Jun 29, 2023Raise$0.0950 → $0.0960+1.1%
Mar 30, 2023Raise$0.0940 → $0.0950+1.1%
Jun 29, 2021Raise$0.0940 → $0.0945+0.5%
Sep 29, 2020Raise$0.0935 → $0.0940+0.5%
Jun 29, 2020Raise$0.0930 → $0.0935+0.5%
Mar 30, 2020Raise$0.0910 → $0.0930+2.2%
Sep 27, 2019Raise$0.0905 → $0.0910+0.6%
Mar 28, 2019Raise$0.0900 → $0.0905+0.6%
Dec 18, 2018Raise$0.0875 → $0.0900+2.9%
Show all 51 changes since 2004
Ex-dateChangeOld → newMove
Sep 27, 2018Raise$0.0850 → $0.0875+2.9%
Jun 28, 2018Raise$0.0825 → $0.0850+3.0%
Mar 28, 2018Raise$0.0820 → $0.0825+0.6%
Sep 28, 2017Raise$0.0815 → $0.0820+0.6%
Dec 28, 2016Raise$0.0810 → $0.0815+0.6%
Mar 29, 2016Raise$0.0805 → $0.0810+0.6%
Sep 28, 2015Raise$0.0800 → $0.0805+0.6%
Dec 29, 2014Raise$0.0795 → $0.0800+0.6%
Jun 26, 2014Raise$0.0790 → $0.0795+0.6%
Dec 27, 2013Raise$0.0785 → $0.0790+0.6%
Sep 26, 2013Raise$0.0780 → $0.0785+0.6%
Jun 26, 2013Raise$0.0775 → $0.0780+0.6%
Dec 27, 2012Raise$0.0770 → $0.0775+0.6%
Sep 27, 2012Raise$0.0765 → $0.0770+0.7%
Jun 27, 2012Raise$0.0760 → $0.0765+0.7%
Mar 28, 2012Raise$0.0750 → $0.0760+1.3%
Dec 28, 2011Raise$0.0740 → $0.0750+1.4%
Sep 28, 2011Raise$0.0735 → $0.0740+0.7%
Jun 28, 2011Raise$0.0725 → $0.0735+1.4%
Mar 29, 2011Raise$0.0720 → $0.0725+0.7%
Dec 29, 2010Raise$0.0715 → $0.0720+0.7%
Sep 28, 2010Raise$0.0700 → $0.0715+2.1%
Jun 28, 2010Raise$0.0695 → $0.0700+0.7%
Mar 29, 2010Raise$0.0677 → $0.0695+2.7%
Sep 28, 2009Raise$0.0667 → $0.0677+1.5%
Jun 26, 2009Raise$0.0660 → $0.0667+1.0%
Apr 21, 2009Raise$0.0650 → $0.0660+1.5%
Dec 29, 2008Raise$0.0643 → $0.0650+1.0%
Sep 26, 2008Raise$0.0627 → $0.0643+2.7%
Jun 26, 2008Raise$0.0617 → $0.0627+1.6%
Mar 27, 2008Raise$0.0600 → $0.0617+2.8%
Dec 27, 2007Raise$0.0583 → $0.0600+2.9%
Sep 26, 2007Raise$0.0577 → $0.0583+1.2%
Jun 27, 2007Raise$0.0567 → $0.0577+1.8%
Mar 28, 2007Raise$0.0533 → $0.0567+6.3%
Mar 29, 2006Raise$0.0467 → $0.0533+14.3%
Jun 28, 2005Raise$0.0444 → $0.0467+5.0%
Sep 28, 2004Raise$0.0333 → $0.0444+33.3%
Jun 28, 2004Raise$0.0200 → $0.0333+66.7%
DWNX ex-dividend date & scheduleNext ex-date Sep 30, 2026 · full ex-dividend historyView →DWNX dividend historyEvery payment, totals by year, raises and cutsView →

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.