Pathfinder Bancorp, Inc. (PBHC) to Issue Quarterly Dividend of $0.10 on May 9th

Pathfinder Bancorp, Inc. (NASDAQ:PBHC) announced a quarterly dividend on Monday, March 31st, RTT News reports. Investors of record on Friday, April 18th will be given a dividend of 0.10 per share by the savings and loans company on Friday, May 9th. This represents a $0.40 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date is Thursday, April 17th.

Pathfinder Bancorp has raised its dividend by an average of 12.6% per year over the last three years.

Pathfinder Bancorp Stock Performance

NASDAQ:PBHC opened at $16.85 on Wednesday. Pathfinder Bancorp has a 1-year low of $11.81 and a 1-year high of $19.86. The firm has a 50 day simple moving average of $16.88 and a 200-day simple moving average of $16.94. The firm has a market cap of $79.53 million, a PE ratio of 28.08 and a beta of 0.23. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.74 and a quick ratio of 0.74.

Pathfinder Bancorp (NASDAQ:PBHC) last announced its quarterly earnings data on Friday, January 31st. The savings and loans company reported $0.69 EPS for the quarter. Pathfinder Bancorp had a return on equity of 3.07% and a net margin of 4.28%.

Insider Buying and Selling at Pathfinder Bancorp

In other Pathfinder Bancorp news, SVP William D. O’brien sold 2,353 shares of Pathfinder Bancorp stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $17.14, for a total value of $40,330.42. Following the transaction, the senior vice president now owns 14,865 shares in the company, valued at $254,786.10. This trade represents a 13.67 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Ronald Tascarella sold 5,000 shares of the company’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $17.00, for a total value of $85,000.00. Following the sale, the insider now owns 48,609 shares of the company’s stock, valued at approximately $826,353. The trade was a 9.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 7,556 shares of company stock worth $128,803 in the last 90 days. 22.40% of the stock is owned by company insiders.

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.