GLENVILLE, N.Y. - TrustCo Bank Corp NY (NASDAQ:TRST) announced Monday that its Board of Directors declared a quarterly cash dividend of $0.38 per share.
The dividend represents $1.52 per share on an annualized basis and will be payable on July 1, 2026 to shareholders of record on June 5, 2026. This translates to a dividend yield of 3.08%, and according to Bond.az data, the company has maintained dividend payments for 45 consecutive years.
Chairman and CEO Robert J. McCormick stated that the company's performance continues to support its quarterly dividend commitment. The stock has delivered a strong 60% return over the past year, trading near its 52-week high of $49.56.
TrustCo Bank Corp NY is a $6.5 billion savings and loan holding company operating 132 offices across New York, New Jersey, Vermont, Massachusetts, and Florida through its subsidiary, Trustco Bank.
In other recent news, TrustCo reported strong Q1 2026 results with EPS of $0.91, exceeding expectations. Quarterly revenue totaled $49.55 million.
