TrustCo Bank (TRST) Declares $0.068125 Quarterly Dividend; 3.3% Yield

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TrustCo Bank Declares Dividend

February 19, 2019 6:00 PM EST

GLENVILLE, N.Y., Feb. 19, 2019 (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.  This dividend sustains the increased rate of return to our shareholders that the Company announced in August of 2018.  The dividend will be payable on April 1, 2019 to shareholders of record at the close of business on March 1, 2019.  TrustCo has paid a cash dividend every year since 1904.

Chairman, President and Chief Executive Officer Robert J. McCormick said: We are very... More