AP NEWS

Honesdale Bank Posts Dividend Up 32 Percent

September 12, 2018

HONESDALE — The Honesdale National Bank’s parent company paid a quarterly dividend of 41 cents, up 32 percent from the same quarter last year. The dividend was payable on Aug. 31 to shareholders of record on Aug. 15, HONAT Bancorp Inc. said in a statement. The increase is partly due to the board of directors’ decision this year to distribute the annual special dividend each quarter instead of at the end of the year. Honesdale National Bank has 11 branch offices in Lackawanna, Luzerne, Pike, Susquehanna and Wayne counties. — JON O’CONNELL

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