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Citizens & Northern Corporation Has a 5.a4% Dividend

GuruFocus.com

- By Nelson Hsu

Citizens & Northern Corporation (CZNC) showed up in my dividend screener results. It is a small cap bank holding company with a 5.04% dividend.

The company is headquartered in Wellsboro, Pennsylvania. The bank was originally founded in 1864 as The First National Bank of Wellsborough to serve local communities. Citizens & Northern Bank was formed on Oct. 1, 1971, when it merged with Northern National Bank of Wellsboro and Citizens National Bank of Towanda. Banking services are provided by its subsidiary, Citizens & Northern Bank, which owns 26 banking offices in the following counties:

  • Bradford, Pennsylvania.

  • Cameron, Pennsylvania.

  • Lycoming, Pennsylvania.

  • McKean, Pennsylvania.

  • Potter, Pennsylvania.

  • Sullivan, Pennsylvania.

  • Tioga, Pennsylvania.

  • Steuben, New York.