TRST Trustco Bank Corp N Y dividend history, payout ratio & dates
Trustco Bank Corp N Y's last dividend of $0.36 per share was on Sep 6, 2024 (ex-date). The annualized dividend payment of $1.44 per share represents a current dividend yield of 3.84%.
Key dates
- TRST last dividend date: Sep 6, 2024
TRST dividend stats
vs. Financial Services sector
Dividend yield
TRST has a dividend yield of 3.84% 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 2.55%, Trustco Bank Corp N Y's dividend yield is 51% higher. The current dividend yield is less than the historical average of 4.3% of the last 5 years.
Dividend history
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 not changed since one year ago. But with the stock price up by 37% from a year ago, the dividend yield marks a decrease of 27%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 6, 2024 | $0.36 | 4.38% |
| Jun 7, 2024 | $0.36 | 5.29% |
| Feb 29, 2024 | $0.36 | 5.28% |
| Nov 30, 2023 | $0.36 | 5.37% |
| Aug 31, 2023 | $0.36 | 5.06% |
| Jun 1, 2023 | $0.36 | 5.14% |
| Mar 2, 2023 | $0.36 | 3.86% |
| Dec 1, 2022 | $0.36 | 3.65% |
| Sep 1, 2022 | $0.35 | 4.26% |
| Jun 2, 2022 | $0.35 | 4.36% |
| Mar 3, 2022 | $0.35 | 4.09% |
| Dec 2, 2021 | $0.35 | 4.19% |
| Sep 2, 2021 | $0.341 | 4.28% |
| Jun 3, 2021 | $0.341 | 3.65% |
| Mar 4, 2021 | $0.341 | 3.78% |
| Dec 3, 2020 | $0.341 | 4.37% |
| Sep 3, 2020 | $0.341 | 4.7% |
| Jun 4, 2020 | $0.341 | 4.1% |
| Mar 5, 2020 | $0.341 | 3.81% |
| Dec 5, 2019 | $0.341 | 3.17% |
| Sep 5, 2019 | $0.341 | 3.56% |
| Jun 6, 2019 | $0.341 | 3.66% |
| Feb 28, 2019 | $0.341 | 3.19% |
| Dec 6, 2018 | $0.341 | 3.65% |
| Sep 6, 2018 | $0.341 | 2.89% |
| May 31, 2018 | $0.328 | 3.02% |
| Mar 1, 2018 | $0.328 | 3.11% |
| Nov 30, 2017 | $0.328 | 2.81% |
| Aug 30, 2017 | $0.328 | 3.34% |
| May 31, 2017 | $0.328 | 3.57% |
| Mar 1, 2017 | $0.328 | 3.09% |
| Nov 30, 2016 | $0.328 | 3.22% |
| Aug 31, 2016 | $0.328 | 3.68% |
| Jun 1, 2016 | $0.328 | 4.03% |
| Mar 2, 2016 | $0.328 | 4.47% |
| Dec 2, 2015 | $0.328 | 4.11% |
| Sep 2, 2015 | $0.328 | 4.64% |
| Jun 3, 2015 | $0.328 | 3.81% |
| Mar 4, 2015 | $0.328 | 3.89% |
Trustco Bank Corp N Y dividend payout ratio
Payout ratio
TRST has a payout ratio of 57.8% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 44%, 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
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| TRST Trustco Bank Corp N Y | 3.75% | $1.44 | 57.8% |
| NFBK Northfield Bancorp Inc | 3.68% | $0.52 | 81.3% |
| BHLB Berkshire Hills Bancorp Inc | 2.25% | $0.72 | 75% |
| NECB NorthEast Community Bancorp Inc | 1.82% | $0.56 | 15.1% |
| GCBC Greene County Bancorp Inc | 1.06% | $0.34 | 23.6% |
| FLG Flagstar Financial Inc. | N/A | N/A | N/A |
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 30 years.
When was TRST's last dividend?
Trustco Bank Corp N Y's last dividend ex-date was on Sep 6, 2024. The dividend amount was $0.36 per share.
How much dividend does Trustco Bank Corp N Y pay (per share)?
TRST's annualized dividend per share is $1.44.
What is Trustco Bank Corp N Y's dividend yield?
The current dividend yield of Trustco Bank Corp N Y is 3.84%.
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 57.8%.
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.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.