TrustCo Bank (TRST) Declares $0.068125 Quarterly Dividend; 3.6% Yield
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Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 5.3%
Revenue Growth %: -10.7%
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TrustCo Bank (NASDAQ: TRST) declared a quarterly dividend of $0.068125 per share, or $0.2725 annualized.
The dividend will be payable on October 1, 2019, to stockholders of record on September 6, 2019, with an ex-dividend date of September 5, 2019.
The annual yield on the dividend is 3.6 percent.
Chairman, President and Chief Executive Officer Robert J. McCormick said: “We are very pleased that our company’s performance has enabled us to again provide our shareholders with a strong cash dividend. TrustCo’s board and management team remain confident in the strength of the Company’s balance sheet. We understand how important the TrustCo cash dividend is to our shareholders and we proudly continue the more than 100-year tradition of meeting this expectation of our owners.”
For a dividend history and other dividend-related data on TrustCo Bank (TRST) click here.
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