GLENVILLE, N.Y., May 21, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TrustCo Bank Corp NY ((TrustCo, NASDAQ:TRST) on May 21, 2024, declared a quarterly cash dividend of $0.36 per share, or $1.44 per share on an annualized basis. The dividend will be payable on July 1, 2024 to shareholders of record at the close of business on June 7, 2024.
Chairman, President, and Chief Executive Officer Robert J. McCormick said: "In uncertain times, reliability is a virtue. TrustCo shareholders know that the Company has paid a dividend every quarter since 1904. We are very pleased that our operations and careful management continue to support our long-standing tradition of making meaningful distributions to our shareholders."
About TrustCo Bank Corp NY
TrustCo Bank Corp NY is a $6.2 billion savings and loan holding company. Through its subsidiary, Trustco Bank, Trustco operates 139 offices in New York, New Jersey, Vermont, Massachusetts and Florida. Trustco has a more than 100-year tradition of providing high-quality services, including a wide variety of deposit and loan products. In addition, Trustco Bank's Wealth Management Department offers a full range of investment services, retirement planning and trust and estate administration ...