Pathfinder Bancorp, Inc. (NASDAQ:PBHC) Announces $0.10 Quarterly Dividend

Posted by Alanna Baker on Dec 25th, 2024

Pathfinder Bancorp, Inc. (NASDAQ:PBHC – Get Free Report) declared a quarterly dividend on Tuesday, December 24th,Wall Street Journal reports. Shareholders of record on Friday, January 17th will be given a dividend of 0.10 per share by the savings and loans company on Friday, February 7th. This represents a $0.40 annualized dividend and a yield of 2.30%. The ex-dividend date of this dividend is Friday, January 17th.

Pathfinder Bancorp has raised its dividend by an average of 14.5% annually over the last three years.

Pathfinder Bancorp Trading Down 1.4 %

Shares of NASDAQ:PBHC opened at $17.37 on Wednesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.74 and a current ratio of 0.74. The stock’s 50-day moving average is $17.49 and its 200-day moving average is $15.89. Pathfinder Bancorp has a 52-week low of $11.41 and a 52-week high of $19.86. The company has a market cap of $81.99 million, a P/E ratio of 54.28 and a beta of 0.23.

Pathfinder Bancorp (NASDAQ:PBHC – Get Free Report) last released its earnings results on Wednesday, October 30th. The savings and loans company reported ($0.75) earnings per share for the quarter. The company had revenue of $13.44 million during the quarter. Pathfinder Bancorp had a net margin of 2.42% and a return on equity of 1.65%.

Insiders Place Their Bets

In other news, Director Eric Allyn sold 8,169 shares of Pathfinder Bancorp stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $16.80, for a total value of $137,239.20. Following the completion of the transaction, the director now owns 6,124 shares in the company, valued at approximately $102,883.20. The trade was a 57.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 22.40% of the company’s stock.

Pathfinder Bancorp Company Profile

(Get Free Report)

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.