TrustCo Bank Corp NY Dividends and Buybacks
Dividend criteria checks 4/6
TrustCo Bank Corp NY is a dividend paying company with a current yield of 3.84% that is well covered by earnings. Next payment date is on 2nd January, 2025 with an ex-dividend date of 6th December, 2024.
Key information
3.8%
Dividend yield
0.05%
Buyback Yield
| Total Shareholder Yield | 3.9% |
| Future Dividend Yield | 3.8% |
| Dividend Growth | 2.5% |
| Next dividend pay date | 02 Jan 25 |
| Ex dividend date | 06 Dec 24 |
| Dividend per share | US$1.440 |
| Payout ratio | 58% |
Recent dividend and buyback updates
TrustCo Bank Corp NY (NASDAQ:TRST) Is Due To Pay A Dividend Of $0.36
Nov 23
TrustCo Bank Corp NY (NASDAQ:TRST) Is Due To Pay A Dividend Of $0.36
Nov 25Recent updates
TrustCo Bank Corp NY (NASDAQ:TRST) Is Due To Pay A Dividend Of $0.36
Nov 23TrustCo Bank: Very Strong Performance, Run A House Position
Jul 22Results: TrustCo Bank Corp NY Exceeded Expectations And The Consensus Has Updated Its Estimates
Apr 26TrustCo Bank: Back To A 5.5% Yield, It Is A Buy
Apr 22TrustCo Bank Corp NY (NASDAQ:TRST) Is Due To Pay A Dividend Of $0.36
Nov 25Should You Be Adding TrustCo Bank Corp NY (NASDAQ:TRST) To Your Watchlist Today?
Mar 24TrustCo Bank Corp NY (NASDAQ:TRST) Is Increasing Its Dividend To $0.36
Feb 25TrustCo Bank Corp NY (NASDAQ:TRST) Will Pay A Dividend Of $0.35
Aug 20TrustCo Bank: Stable And Attractively Valued
Aug 20TrustCo Bank: A 4.5% Yield For A Bank Trading At TBV
May 24TrustCo Bank: An Attractive 4% Dividend Yield For New York And Florida Real Estate Exposure
Jan 10TrustCo Bank: Tremendously Positioned For Rate Hikes
Oct 25TrustCo Bank: The Recent Pullback Is All About Interest Rates
Aug 22Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TRST) | 3.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (TRST) (up to 3 years) | 3.8% |
Notable Dividend: TRST's dividend (3.84%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: TRST's dividend (3.84%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.8%), 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.