TrustCo Bank (TRST) Raises Quarterly Dividend 2.9% to $0.36; 3.8% Yield

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TrustCo Caps Off Year of Historic Celebrations and Achievement with Dividend Increase

November 15, 2022 4:00 PM EST

GLENVILLE, N.Y., Nov. 15, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on November 15, 2022 declared an increase in the quarterly cash dividend of 2.9% to $0.36 per share, or $1.44 per share on an annualized basis. The dividend will be payable on January 3, 2023 to shareholders of record at the close of business on December 2, 2022.

Chairman, President, and Chief Executive Officer Robert J. McCormick said: Over the course of this year, we have celebrated a number of historic milestones surrounding Trustco Banks 120th anniversary. The... More