StockWatch
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Major Banks
DividendMay 20, 2026, 04:01 PM

TrustCo Bank Declares $0.38 Quarterly Cash Dividend

AI Summary

TrustCo Bank Corp NY's Board of Directors declared a quarterly cash dividend of $0.38 per share, or $1.52 annualized, payable on July 1, 2026, to shareholders of record on June 5, 2026. Chairman, President, and CEO Robert J. McCormick expressed satisfaction that the company's performance continues to support its long-standing commitment to a meaningful quarterly dividend, viewing recent shareholder support as a vote of confidence in the bank's management and capital policies. TrustCo Bank Corp NY is a $6.5 billion savings and loan holding company operating 132 offices across five states.

Key Highlights

  • TrustCo Bank Corp NY declared a quarterly cash dividend of $0.38 per share.
  • The annualized dividend amounts to $1.52 per share.
  • The dividend is payable on July 1, 2026.
  • Shareholders of record at the close of business on June 5, 2026, will receive the dividend.
  • CEO Robert J. McCormick noted strong shareholder support for directors and executive compensation.
  • TrustCo Bank Corp NY is a $6.5 billion savings and loan holding company.
  • The company operates 132 offices across five states.