TrustCo Bank (TRST) Declares $0.065625 Quarterly Dividend; 3.9% Yield

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TrustCo Declares Cash Dividend

February 17, 2015 2:57 PM EST

GLENVILLE, N.Y., Feb. 17, 2015 (GLOBE NEWSWIRE) -- Building off the strong operating results for 2014 that were recently announced, the board of directors of TrustCo Bank Corp NY (TrustCo) (Nasdaq: TRST) today declared a quarterly cash dividend of $0.065625 per share, or $0.2625 per share on an annualized basis. The dividend will be payable April 1, 2015, to shareholders of record at the close of business on March 6, 2015. TrustCo has paid a cash dividend every year since 1904.

President and Chief Executive Officer Robert J. McCormick noted, "We are very pleased that our solid 2014... More