TrustCo Bank Corp NY

NasdaqGS:TRST Stock Report

Market Cap: US$538.4m

TrustCo Bank Corp NY Dividend

Dividend criteria checks 5/6

TrustCo Bank Corp NY is a dividend paying company with a current yield of 5.09% that is well covered by earnings.

Key information

5.1%

Dividend yield

52%

Payout ratio

Industry average yield3.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareUS$2.79
Dividend yield forecast in 3Y5.1%

Recent dividend updates

TrustCo Bank Corp NY (NASDAQ:TRST) Is Due To Pay A Dividend Of $0.36

Nov 25
TrustCo Bank Corp NY (NASDAQ:TRST) Is Due To Pay A Dividend Of $0.36

Recent updates

Results: TrustCo Bank Corp NY Exceeded Expectations And The Consensus Has Updated Its Estimates

Apr 26
Results: TrustCo Bank Corp NY Exceeded Expectations And The Consensus Has Updated Its Estimates

TrustCo Bank: Back To A 5.5% Yield, It Is A Buy

Apr 22

TrustCo Bank Corp NY (NASDAQ:TRST) Is Due To Pay A Dividend Of $0.36

Nov 25
TrustCo Bank Corp NY (NASDAQ:TRST) Is Due To Pay A Dividend Of $0.36

Should You Be Adding TrustCo Bank Corp NY (NASDAQ:TRST) To Your Watchlist Today?

Mar 24
Should You Be Adding TrustCo Bank Corp NY (NASDAQ:TRST) To Your Watchlist Today?

TrustCo Bank Corp NY (NASDAQ:TRST) Is Increasing Its Dividend To $0.36

Feb 25
TrustCo Bank Corp NY (NASDAQ:TRST) Is Increasing Its Dividend To $0.36

TrustCo Bank Corp NY (NASDAQ:TRST) Will Pay A Dividend Of $0.35

Aug 20
TrustCo Bank Corp NY (NASDAQ:TRST) Will Pay A Dividend Of $0.35

TrustCo Bank: Stable And Attractively Valued

Aug 20

TrustCo Bank: A 4.5% Yield For A Bank Trading At TBV

May 24

TrustCo Bank: An Attractive 4% Dividend Yield For New York And Florida Real Estate Exposure

Jan 10

TrustCo Bank: Tremendously Positioned For Rate Hikes

Oct 25

TrustCo Bank: The Recent Pullback Is All About Interest Rates

Aug 22

Shareholders May Be More Conservative With TrustCo Bank Corp NY's (NASDAQ:TRST) CEO Compensation For Now

May 14
Shareholders May Be More Conservative With TrustCo Bank Corp NY's (NASDAQ:TRST) CEO Compensation For Now

TrustCo Bank Corp NY (NASDAQ:TRST) Pays A US$0.068 Dividend In Just Four Days

Feb 27
TrustCo Bank Corp NY (NASDAQ:TRST) Pays A US$0.068 Dividend In Just Four Days

Here's How We Evaluate TrustCo Bank Corp NY's (NASDAQ:TRST) Dividend

Feb 16
Here's How We Evaluate TrustCo Bank Corp NY's (NASDAQ:TRST) Dividend

What Type Of Shareholders Make Up TrustCo Bank Corp NY's (NASDAQ:TRST) Share Registry?

Jan 19
What Type Of Shareholders Make Up TrustCo Bank Corp NY's (NASDAQ:TRST) Share Registry?

TrustCo Bank: Securing A 4% Yield With New York Residential Mortgages

Jan 04

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: TRST's dividends per share have been stable in the past 10 years.

Growing Dividend: TRST's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

TrustCo Bank Corp NY Dividend Yield vs Market
How does TRST dividend yield compare to the market?
SegmentDividend Yield
Company (TRST)5.1%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.7%
Industry Average (Banks)3.0%
Analyst forecast in 3 Years (TRST)5.1%

Notable Dividend: TRST's dividend (5.09%) is higher than the bottom 25% of dividend payers in the US market (1.52%).

High Dividend: TRST's dividend (5.09%) is in the top 25% of dividend payers in the US market (4.69%)


Current Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (51.7%), TRST's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.


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