TrustCo Bank Corp NY Declares $0.38 Quarterly Dividend

The bank's shareholders will receive the payout on April 1st.

Published on Feb. 21, 2026

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TrustCo Bank Corp NY (NASDAQ:TRST) announced that it will issue a quarterly dividend of $0.38 per share. Shareholders of record as of March 6th will receive the payout on April 1st. This represents an annualized dividend yield of 3.3% based on the company's current stock price.

Why it matters

The dividend payment demonstrates TrustCo Bank's financial stability and commitment to returning value to shareholders. As a regional bank serving upstate New York and western Massachusetts, the dividend is an important part of the company's overall strategy to attract and retain investors.

The details

TrustCo Bank Corp NY has raised its dividend payment by an average of 0.0% annually over the last three years. The bank's stock is currently trading at $46.00 per share, up $0.05 on the day. TrustCo Bank has a market cap of $847.32 million and a price-to-earnings ratio of 14.15.

  • The dividend will be payable on Wednesday, April 1, 2026.
  • The record date for the dividend is Friday, March 6, 2026.

The players

TrustCo Bank Corp NY

A bank holding company headquartered in Glens Falls, New York that provides community banking and financial services primarily across upstate New York and western Massachusetts.

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The takeaway

The dividend payment from TrustCo Bank Corp NY is a positive sign for the regional bank's financial health and its commitment to rewarding shareholders. The steady dividend increases over the past few years demonstrate the company's stability and ability to generate consistent returns.