TrustCo Bank (TRST) Raises Quarterly Dividend 2.9% to $0.35; 4.2% Yield

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More good news: TrustCo announces significant increase in quarterly dividend

November 16, 2021 4:00 PM EST

GLENVILLE, N.Y., Nov. 16, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on November 16, 2021 declared an increase in the quarterly cash dividend of 2.8% to $0.35 per share, or $1.40 per share on an annualized basis. The dividend will be payable on January 3, 2022 to shareholders of record at the close of business on December 3, 2021.

Chairman, President, and Chief Executive Officer Robert J. McCormick said: Corporate performance at the level achieved by TrustCo is the culmination of years of planning, hard work, grit, and... More