Pathfinder Bancorp, Inc. (PBHC) Announces Dividend Increase – $0.06 Per Share
Pathfinder Bancorp, Inc. (NASDAQ:PBHC) announced a quarterly dividend on Monday, October 2nd, Wall Street Journal reports. Investors of record on Friday, October 13th will be given a dividend of 0.055 per share by the savings and loans company on Friday, November 3rd. This represents a $0.22 dividend on an annualized basis and a yield of 1.44%. The ex-dividend date is Thursday, October 12th. This is a positive change from Pathfinder Bancorp’s previous quarterly dividend of $0.05.
Pathfinder Bancorp (NASDAQ PBHC) opened at 15.25 on Tuesday. The stock has a market cap of $62.11 million, a P/E ratio of 18.13 and a beta of 0.28. The firm has a 50-day moving average price of $15.25 and a 200-day moving average price of $15.17. Pathfinder Bancorp has a 52 week low of $12.05 and a 52 week high of $16.00.
Pathfinder Bancorp (NASDAQ:PBHC) last released its quarterly earnings results on Friday, July 28th. The savings and loans company reported $0.22 earnings per share (EPS) for the quarter. The firm had revenue of $6.53 million for the quarter. Pathfinder Bancorp had a return on equity of 5.86% and a net margin of 11.48%.
About Pathfinder Bancorp
Pathfinder Bancorp, Inc is a federally chartered mid-tier holding company. The primary business of the Company is its investment in Pathfinder Bank (the Bank). The Bank is primarily engaged in the business of attracting deposits from the general public in the Bank’s market area, and investing such deposits, together with other sources of funds, in loans secured by one- to four-family residential real estate, commercial real estate, small business loans and consumer loans.
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