TrustCo Bank Corp NY (TRST) to Issue Quarterly Dividend of $0.36 on April 1st

TrustCo Bank Corp NY (NASDAQ:TRST) announced a quarterly dividend on Wednesday, February 19th, RTT News reports. Stockholders of record on Friday, March 7th will be given a dividend of 0.36 per share by the bank on Tuesday, April 1st. This represents a $1.44 annualized dividend and a dividend yield of 4.34%. The ex-dividend date is Friday, March 7th.

TrustCo Bank Corp NY has increased its dividend payment by an average of 1.6% annually over the last three years.

TrustCo Bank Corp NY Trading Down 0.5 %

NASDAQ TRST opened at $33.17 on Friday. The stock has a fifty day simple moving average of $32.98 and a 200-day simple moving average of $33.75. The stock has a market cap of $630.56 million, a PE ratio of 12.91 and a beta of 0.84. TrustCo Bank Corp NY has a twelve month low of $25.83 and a twelve month high of $38.89.

TrustCo Bank Corp NY (NASDAQ:TRST) last announced its quarterly earnings results on Tuesday, January 21st. The bank reported $0.59 earnings per share for the quarter. TrustCo Bank Corp NY had a net margin of 18.56% and a return on equity of 7.37%.

TrustCo Bank Corp NY Company Profile

TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals and businesses. The company accepts deposits; and offers loans and investments. It also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage-backed securities.