TrustCo Bank (TRST) Raises Quarterly Dividend 3.8% to $0.0681; 2.9% Yield

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TrustCo Declares 3.8% Increase in Cash Dividend

August 21, 2018 4:00 PM EDT

GLENVILLE, N.Y., Aug. 21, 2018 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today declared a quarterly cash dividend of $0.068125 per share, or $0.2725 per share on an annualized basis, an increase of 3.8% over the dividend declared in May of this year.  The dividend will be payable October 1, 2018, to shareholders of record at the close of business on September 7, 2018.  TrustCo has paid a cash dividend every year since 1904.

President and Chief Executive Officer Robert J. McCormick noted, We are... More