Pathfinder Bancorp, Inc. (NASDAQ:PBHC) Declares $0.10 Quarterly Dividend

Pathfinder Bancorp, Inc. (NASDAQ:PBHC) declared a quarterly dividend on Monday, September 30th, Zacks reports. Shareholders of record on Friday, October 18th will be given a dividend of 0.10 per share by the savings and loans company on Friday, November 8th. This represents a $0.40 annualized dividend and a yield of 2.47%. The ex-dividend date of this dividend is Friday, October 18th.

Pathfinder Bancorp has increased its dividend payment by an average of 14.5% per year over the last three years and has raised its dividend every year for the last 4 years.

Pathfinder Bancorp Stock Performance

Shares of PBHC stock opened at $16.19 on Thursday. The stock has a market cap of $76.42 million, a PE ratio of 11.40 and a beta of 0.25. The stock has a 50-day moving average of $15.96 and a 200-day moving average of $14.11. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.73 and a quick ratio of 0.73. Pathfinder Bancorp has a one year low of $11.41 and a one year high of $19.05.

Pathfinder Bancorp (NASDAQ:PBHC) last issued its earnings results on Monday, July 29th. The savings and loans company reported $0.32 EPS for the quarter. The firm had revenue of $10.69 million during the quarter. Pathfinder Bancorp had a net margin of 11.16% and a return on equity of 7.34%.

Insider Buying and Selling

In other Pathfinder Bancorp news, SVP Daniel R. Phillips sold 4,900 shares of Pathfinder Bancorp stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $15.63, for a total transaction of $76,587.00. Following the transaction, the senior vice president now directly owns 15,317 shares in the company, valued at approximately $239,404.71. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 22.40% of the stock is currently owned by company insiders.

Pathfinder Bancorp Company Profile

Pathfinder Bancorp, Inc operates as a bank holding company for Pathfinder Bank that provides various banking and financial products and services in New York. The company's deposit products include checking, savings, and money market deposit accounts; certificates of deposit; and demand and time deposits.