TrustCo Bank (TRST) Declares $0.0681 Quarterly Dividend; 4% 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 $0.0681 per share, or $0.2724 annualized.
The dividend will be payable on April 1, 2021, to stockholders of record on March 5, 2021, with an ex-dividend date of March 4, 2021.
The annual yield on the dividend is 4 percent.
Chairman, President and Chief Executive Officer Robert J. McCormick said: “We are very pleased that our bank’s performance, driven by management’s commitment to the growth of the company, has enabled us to again provide our shareholders with a strong cash dividend. Building on our previous successes and the continued cultivation of new customers in the communities we serve, allows us to deliver this important dividend even in these uncertain times. We are proud to continue the more than 100-year tradition of meeting the expectations of our owners.”
For a dividend history and other dividend-related data on TrustCo Bank (TRST) click here.
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