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 4.25% 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
4.3%
Dividend yield
0.06%
Buyback Yield
| Total Shareholder Yield | 4.3% |
| Future Dividend Yield | 4.3% |
| 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 22Stability 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) | 4.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Banks) | 2.6% |
| Analyst forecast (TRST) (up to 3 years) | 4.3% |
Notable Dividend: TRST's dividend (4.25%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: TRST's dividend (4.25%) is low compared to the top 25% of dividend payers in the US market (4.45%).
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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 01:39 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
TrustCo Bank Corp NY is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Travis Lan | Keefe, Bruyette, & Woods |
| Alexander Roberts Twerdahl | Piper Sandler Companies |
| Alexander Roberts Twerdahl | Sandler O'Neill |