Pathfinder Bancorp, Inc. (PBHC) to Issue Quarterly Dividend of $0.10 on November 8th

Pathfinder Bancorp, Inc. (NASDAQ:PBHC) announced a quarterly dividend on Monday, September 30th, Zacks reports. Investors of record on Friday, October 18th will be paid a dividend of 0.10 per share by the savings and loans company on Friday, November 8th. This represents a $0.40 dividend on an annualized basis and a yield of 2.48%. The ex-dividend date of this dividend is Friday, October 18th.

Pathfinder Bancorp has raised its dividend payment by an average of 14.5% annually over the last three years and has increased its dividend every year for the last 4 years.

Pathfinder Bancorp Price Performance

Shares of NASDAQ:PBHC opened at $16.16 on Wednesday. The firm has a market capitalization of $76.28 million, a PE ratio of 11.38 and a beta of 0.25. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.37. The company has a 50-day moving average price of $15.95 and a two-hundred day moving average price of $14.09. Pathfinder Bancorp has a twelve month low of $11.41 and a twelve month high of $19.05.

Pathfinder Bancorp (NASDAQ:PBHC) last released its quarterly earnings data on Monday, July 29th. The savings and loans company reported $0.32 EPS for the quarter. Pathfinder Bancorp had a net margin of 11.16% and a return on equity of 7.34%. The company had revenue of $10.69 million during the quarter.

Insider Transactions at Pathfinder Bancorp

In related news, SVP Daniel R. Phillips sold 4,900 shares of the business’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $15.63, for a total transaction of $76,587.00. Following the sale, the senior vice president now directly owns 15,317 shares in the company, valued at approximately $239,404.71. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 22.40% of the company’s stock.

Pathfinder Bancorp Company Profile

Pathfinder Bancorp, Inc operates as a bank holding company for Pathfinder Bank that provides various banking and financial products and services in New York. The company's deposit products include checking, savings, and money market deposit accounts; certificates of deposit; and demand and time deposits.