SmarterDividends
FNWD

Finward Bancorp

FNWD

Financial Services · Stock · quarterly payer

Forward Yield

1.47%

Annual Dividend

$0.48

Payout Ratio

21%

5-Yr Growth

-17.3%

Ex-Date

Jun 17, 2026

Frequency

Quarterly

FNWD Dividend Safety Score

65/ 100
Grade C

Borderline

Dividend-growth streak1 consecutive years of growth
Cut historyCut its dividend in 2024
Earnings payout coverage21% of earnings paid out
Yield vs its historyYield in line with its history

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

Is FNWD a good dividend stock?

Yes, with caveats

Finward Bancorp (FNWD) pays a quarterly dividend yielding 1.47% ($0.48/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (21%)

Risks

  • Cut its dividend in 2024
  • Dividend has been shrinking, not growing
  • Share price is down over the past 5 years

Key Data

Dividend Yield
1.47%
Payout Ratio
21%
Annual Dividend
$0.48
5-Yr Avg Growth
-17.3%
Ex-Dividend Date
Jun 17, 2026
Years of Growth
1
Frequency
quarterly
Beta
0.22
Market Cap
$141.5M
P/E Ratio
14.3
5-Yr Total Return
-28%
52-Week Range
$26.46 – $39.99
Dividend Safety
C · 65/100
Ever Cut?
Yes (2024)
FNWD ex-dividend date & scheduleNext ex-date Jun 17, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.48 / yr per share

Per payment (quarterly)$12.00
Annual$48.00
Monthly avg$4.00