TrustCo Bank Corp NY announced that
its board of directors declared a quarterly cash
dividend of $0.065625 per share, or $0.2625 per
share on an annualized basis.
The dividend will be payable July 1 to shareholders
of record at the close of business on
June 7. TrustCo has paid a cash dividend every
year since 1904, the company said.
President and Chief Executive Officer Robert
J. McCormick noted, “We are very pleased
to continue to provide our shareholders with
a strong cash dividend. We understand how
important the TrustCo cash dividend is to our
shareholders. Our cash dividend continues a
tradition that extends back over 100 years.”