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TRST Trustco Bank Corp N Y dividend history, payout ratio & dates

Trustco Bank Corp N Y's last quarterly dividend of $0.35 per share was on Sep 1, 2022 (ex-date). The annualized dividend payment of $1.4 per share represents a current dividend yield of 4.46%.

Key dates

  • TRST last dividend date: Sep 1, 2022
  • TRST next dividend date: Not announced
TRST dividend stats
DPS
$1.4
Dividend yield
4.42%
Payout ratio
39.5%
vs. Financial Services sector
Dividend yield
2.95%
Payout ratio
30.2%

Dividend yield

What is Trustco Bank Corp N Y current dividend yield

TRST has a dividend yield of 4.46% which is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.95%, Trustco Bank Corp N Y's dividend yield is 51% higher. The current dividend yield is more than the historical average of 3.7% of the last 5 years.

Dividend history

What is TRST dividend payout history and dates

Trustco Bank Corp N Y has a history of paying dividends since 1994. Our records of TRST show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 2.8% since one year ago. And with the stock price down by 4.3% from a year ago, the dividend yield has grown by 7%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Sep 1, 2022 Oct 3, 2022 Aug 16, 2022 $0.35 normal
Jun 2, 2022 Jul 1, 2022 May 17, 2022 $0.35 normal
Mar 3, 2022 Apr 1, 2022 Feb 15, 2022 $0.35 normal
Dec 2, 2021 Jan 3, 2022 Nov 16, 2021 $0.35 normal
Sep 2, 2021 Oct 1, 2021 Aug 17, 2021 $0.341 normal
Jun 3, 2021 Jul 1, 2021 May 18, 2021 $0.341 normal
Mar 4, 2021 Apr 1, 2021 Feb 16, 2021 $0.34 normal
Dec 3, 2020 Jan 4, 2021 Nov 17, 2020 $0.34 normal
Sep 3, 2020 Oct 1, 2020 Aug 18, 2020 $0.34 normal
Jun 4, 2020 Jul 1, 2020 May 19, 2020 $0.34 normal
Mar 5, 2020 Apr 1, 2020 Feb 18, 2020 $0.34 normal
Dec 5, 2019 Jan 2, 2020 Nov 19, 2019 $0.34 normal
Sep 5, 2019 Oct 1, 2019 Aug 20, 2019 $0.34 normal
Jun 6, 2019 Jul 1, 2019 May 21, 2019 $0.34 normal
Feb 28, 2019 Apr 1, 2019 Feb 19, 2019 $0.34 normal
Dec 6, 2018 Jan 2, 2019 Nov 20, 2018 $0.34 normal
Sep 6, 2018 Oct 1, 2018 Aug 21, 2018 $0.34 normal
May 31, 2018 Jul 2, 2018 May 15, 2018 $0.33 normal
Mar 1, 2018 Apr 2, 2018 Feb 20, 2018 $0.33 normal
Nov 30, 2017 Jan 2, 2018 Nov 21, 2017 $0.33 normal
Aug 30, 2017 Oct 2, 2017 Aug 15, 2017 $0.33 normal
May 31, 2017 Jul 3, 2017 May 16, 2017 $0.33 normal
Mar 1, 2017 Apr 3, 2017 Feb 21, 2017 $0.33 normal
Nov 30, 2016 Jan 3, 2017 Nov 15, 2016 $0.33 normal
Aug 31, 2016 Oct 3, 2016 Aug 16, 2016 $0.33 normal

Trustco Bank Corp N Y dividend payout ratio

What is Trustco Bank Corp N Y dividend payout ratio compared to the sector

Payout ratio

TRST has a payout ratio of 39.5% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 30.2%, Trustco Bank Corp N Y's payout ratio is 31% higher.

Total amount of dividends paid per financial year (from cash flow)

TRST dividend vs peer dividends

How does TRST dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
NYCB New York Community Bancorp Inc 7.93% $0.68 54.4%
TRST Trustco Bank Corp N Y 4.42% $1.4 39.5%
NFBK Northfield Bancorp Inc 3.63% $0.52 39.7%
NECB NorthEast Community Bancorp Inc 1.94% $0.24 26.7%
BHLB Berkshire Hills Bancorp Inc 1.76% $0.48 18%
GCBC Greene County Bancorp Inc 0.93% $0.53 16.1%

Frequently asked questions

Does Trustco Bank Corp N Y pay a dividend?

Yes, Trustco Bank Corp N Y has been paying dividends for the last 28 years.

When is Trustco Bank Corp N Y's next dividend?

Currently TRST's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in December 2022.

When was TRST's last dividend?

Trustco Bank Corp N Y's last dividend ex-date was on Sep 1, 2022. The dividend amount was $0.35 per share.

How much dividend does Trustco Bank Corp N Y pay (per share)?

TRST's annualized dividend per share is $1.4.

What is Trustco Bank Corp N Y's dividend yield?

The current dividend yield of Trustco Bank Corp N Y is 4.46%.

How often does Trustco Bank Corp N Y pay dividends?

Trustco Bank Corp N Y pays four dividends per year.

What is Trustco Bank Corp N Y's dividend payout ratio?

Trustco Bank Corp N Y's dividend payout ratio is 39.5%.

Does Trustco Bank Corp N Y pay a good dividend?

Trustco Bank Corp N Y's dividend yield is more than the Financial Services sector average.