TrustCo Bank (TRST) Declares $0.36 Quarterly Dividend; 5.2% Yield

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Strong Capital Supports TrustCo’s Consistent Dividend; Annualized Payout of $1.44 per share

February 21, 2024 4:00 PM EST

GLENVILLE, N.Y., Feb. 21, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on February 20, 2024, declared a quarterly cash dividend of $0.36 per share, or $1.44 per share on an annualized basis. The dividend will be payable on April 1, 2024 to shareholders of record at the close of business on March 1, 2024.

Chairman, President, and Chief Executive Officer Robert J. McCormick said: We are pleased that our strategic preservation of capital enables us to complete our 119th year paying quarterly dividends. Our management team is justifiably proud of... More