Pathfinder Bancorp Inc Announces Quarterly Dividend of $0.06 (PBHC)

Pathfinder Bancorp Inc (NASDAQ:PBHC) announced a quarterly dividend on Monday, October 1st, Wall Street Journal reports. Shareholders of record on Friday, October 19th will be paid a dividend of 0.06 per share by the savings and loans company on Friday, November 9th. This represents a $0.24 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date is Thursday, October 18th.

Pathfinder Bancorp has raised its dividend by an average of 20.0% per year over the last three years and has increased its dividend every year for the last 2 years.

Shares of NASDAQ:PBHC opened at $15.08 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.91. Pathfinder Bancorp has a 12-month low of $15.00 and a 12-month high of $16.64. The stock has a market capitalization of $65.43 million, a price-to-earnings ratio of 17.71 and a beta of -0.08.

Pathfinder Bancorp (NASDAQ:PBHC) last issued its quarterly earnings results on Friday, July 27th. The savings and loans company reported $0.22 earnings per share (EPS) for the quarter. Pathfinder Bancorp had a return on equity of 5.74% and a net margin of 8.95%. The firm had revenue of $7.49 million for the quarter.

About Pathfinder Bancorp

Pathfinder Bancorp, Inc operates as a holding company for Pathfinder Bank that provides various banking and financial products and services primarily in Oswego and Onondaga counties, New York. The company accepts various deposits, including checking, savings, and money market deposit accounts, as well as certificates of deposit, and demand and time deposits.

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Dividend History for Pathfinder Bancorp (NASDAQ:PBHC)

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