TrustCo Bank Corp NY (NASDAQ:TRST) Plans Quarterly Dividend of $0.36

TrustCo Bank Corp NY (NASDAQ:TRST) declared a quarterly dividend on Wednesday, February 19th, RTT News reports. Shareholders 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 of this dividend is Friday, March 7th.

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

TrustCo Bank Corp NY Trading Down 0.5 %

Shares of NASDAQ TRST opened at $33.17 on Friday. The stock has a market cap of $630.56 million, a P/E ratio of 12.91 and a beta of 0.84. The business’s fifty day simple moving average is $32.98 and its 200-day simple moving average is $33.75. TrustCo Bank Corp NY has a 12-month low of $25.83 and a 12-month high of $38.89.

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

About TrustCo Bank Corp NY

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.