Orrstown Financial Services Inc (ORRF) Dividends
Dividend Yield and Dividend History Highlights
- ORRF's trailing 12 month dividends has averaged an annual growth rate of 9.56%.
- In terms of compounded growth rate of annual dividends, ORRF's growth rate has been 0.41% over the past 5.5 years.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with ORRF that may be suitable potential portfolio mates: NWFL, SNX, PJT, COR and SAIL.
ORRF Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $39.95 | $37.42 | 61.22% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for ORRF, the dividend discount model StockNews created for the company implies a positive return of 61.22%. Digging deeper, the aspects of Orrstown Financial Services Inc's dividend discount model that we found most interesting were:
- Relative to all dividend yielding stocks in our set, ORRF offers a dividend yield in the top 29.84% of stocks in our set.
- A stock's beta generally indicates its volatility relative to the broader equity market; as for ORRF, approximately 70.68% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
- In terms of who is growing the amount of dividends they return to shareholders, Orrstown Financial Services Inc has been increasing its dividends at a faster rate than 88.84% of US-listed dividend-issuing stocks we observed.
ORRF Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-11-05 | Dividend | $0.23 | -- |
| 2024-08-08 | Dividend | $0.23 | +15.00% |
| 2024-05-06 | Dividend | $0.20 | -- |
| 2024-02-05 | Dividend | $0.20 | -- |
| 2023-11-06 | Dividend | $0.20 | -- |
| 2023-08-07 | Dividend | $0.20 | -- |
| 2023-05-08 | Dividend | $0.20 | -- |
| 2023-02-06 | Dividend | $0.20 | +5.26% |
| 2022-10-28 | Dividend | $0.19 | -- |
| 2022-07-29 | Dividend | $0.19 | -- |
| 2022-04-29 | Dividend | $0.19 | -- |
| 2022-01-31 | Dividend | $0.19 | -- |
| 2021-10-29 | Dividend | $0.19 | -- |
| 2021-07-30 | Dividend | $0.19 | +5.56% |
| 2021-04-30 | Dividend | $0.18 | -- |
| 2021-01-29 | Dividend | $0.18 | +5.88% |
| 2020-10-30 | Dividend | $0.17 | -- |
| 2020-07-31 | Dividend | $0.17 | -- |
| 2020-05-01 | Dividend | $0.17 | -- |
| 2020-01-31 | Dividend | $0.17 | +13.33% |
| 2019-11-01 | Dividend | $0.15 | -- |
| 2019-08-02 | Dividend | $0.15 | -- |
| 2019-04-29 | Dividend | $0.15 | -- |
| 2019-02-01 | Dividend | $0.15 | +15.38% |
| 2018-10-26 | Dividend | $0.13 | -- |
| 2018-07-26 | Dividend | $0.13 | -- |
| 2018-04-23 | Dividend | $0.13 | +8.33% |
| 2018-02-01 | Dividend | $0.12 | -- |
| 2017-11-03 | Dividend | $0.12 | +20.00% |
| 2017-08-04 | Dividend | $0.10 | -- |
| 2017-05-04 | Dividend | $0.10 | -- |
| 2017-02-08 | Dividend | $0.10 | +11.11% |
| 2016-11-07 | Dividend | $0.09 | -- |
| 2016-08-08 | Dividend | $0.09 | -- |
| 2016-05-09 | Dividend | $0.09 | +12.50% |
| 2016-02-08 | Dividend | $0.08 | -- |
| 2015-11-02 | Dividend | $0.08 | +14.29% |
| 2015-08-05 | Dividend | $0.07 | -- |
| 2015-05-06 | Dividend | $0.07 | -69.57% |
| 2011-08-10 | Dividend | $0.23 | -- |
| 2011-05-11 | Dividend | $0.23 | -- |
| 2011-02-09 | Dividend | $0.23 | +2.22% |
| 2010-11-09 | Dividend | $0.23 | -- |
| 2010-08-04 | Dividend | $0.23 | +2.27% |
| 2010-05-05 | Dividend | $0.22 | -- |
| 2010-02-10 | Dividend | $0.22 | -- |
| 2009-11-10 | Dividend | $0.22 | -- |
| 2009-08-12 | Dividend | $0.22 | -- |
| 2009-05-13 | Dividend | $0.22 | -- |
| 2009-02-11 | Dividend | $0.22 | -- |
| 2008-11-05 | Dividend | $0.22 | -- |
| 2008-08-06 | Dividend | $0.22 | -- |
| 2008-05-07 | Dividend | $0.22 | +4.76% |
| 2008-02-06 | Dividend | $0.21 | -- |
| 2007-11-01 | Dividend | $0.21 | -- |
| 2007-08-08 | Dividend | $0.21 | +2,000.00% |
| 2007-05-23 | Split | 21-20-for-1 Stock Split | N/A |
| 2007-05-09 | Dividend | $0.21 | -- |
| 2007-02-07 | Dividend | $0.21 | +5.00% |
| 2006-11-06 | Dividend | $0.20 | -- |
| 2006-08-07 | Dividend | $0.20 | -- |
| 2006-05-08 | Dividend | $0.20 | +11.11% |
| 2006-02-06 | Dividend | $0.18 | +12.50% |
| 2005-12-08 | Dividend | $0.16 | +6.67% |
| 2005-10-04 | Dividend | $0.15 | +7.14% |
| 2005-07-05 | Dividend | $0.14 | +2,000.00% |
| 2005-06-02 | Split | 21-20-for-1 Stock Split | N/A |
| 2005-04-01 | Dividend | $0.14 | +7.69% |
| 2005-01-06 | Dividend | $0.13 | -- |
| 2004-09-30 | Dividend | $0.13 | +8.33% |
| 2004-06-30 | Dividend | $0.12 | -- |
| 2004-04-06 | Dividend | $0.12 | +4.35% |
| 2004-02-12 | Split | 2-1-for-1 Stock Split | N/A |
| 2003-12-29 | Dividend | $0.23 | +9.52% |
| 2003-10-02 | Dividend | $0.21 | -- |
| 2003-07-01 | Dividend | $0.21 | +2,105.00% |
| 2003-05-21 | Split | 21-20-for-1 Stock Split | N/A |
| 2003-03-31 | Dividend | $0.20 | -- |
| 2002-12-31 | Dividend | $0.20 | +11.11% |
| 2002-10-02 | Dividend | $0.18 | +5.88% |
| 2002-07-05 | Dividend | $0.17 | -- |
| 2002-04-02 | Dividend | $0.17 | +6.25% |
| 2001-12-28 | Dividend | $0.16 | +6.67% |
| 2001-10-03 | Dividend | $0.15 | +2,000.00% |
| 2001-07-30 | Split | 21-20-for-1 Stock Split | N/A |
| 2001-07-02 | Dividend | $0.15 | -- |
| 2001-03-29 | Dividend | $0.15 | -- |
| 2000-12-28 | Dividend | $0.15 | +7.14% |
| 2000-10-02 | Dividend | $0.14 | -- |
| 2000-06-30 | Dividend | $0.14 | -- |
| 2000-03-31 | Dividend | $0.14 | -- |
| 1999-12-29 | Dividend | $0.14 | -- |
| 1999-09-29 | Dividend | $0.14 | +7.69% |
| 1999-06-29 | Dividend | $0.13 | -- |
ORRF Dividends vs. Peers
ORRF's dividend yield currently ranks #65 of 111 vs. its peers in the Northeast Regional Banks category.
Looking for More Information on ORRF dividends?
Here are a few links from around the web to help you further your research on Orrstown Financial Services Inc and its dividends:Orrstown Financial Services Inc Common Stock (ORRF) Dividend History | Nasdaq
Dividend History for Orrstown Financial Services Inc (ORRF) - Dividend Investor
Orrstown Financial Services Inc (ORRF) Dividend History - Seeking Alpha