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

Pathfinder Bancorp, Inc. (NASDAQ:PBHC) announced a quarterly dividend on Monday, March 31st, RTT News reports. Shareholders of record on Friday, April 18th will be paid a dividend of 0.10 per share by the savings and loans company on Friday, May 9th. This represents a $0.40 annualized dividend and a yield of 2.43%.

Pathfinder Bancorp has raised its dividend by an average of 12.6% annually over the last three years.

Pathfinder Bancorp Stock Performance

NASDAQ PBHC opened at $16.44 on Tuesday. Pathfinder Bancorp has a 52-week low of $11.81 and a 52-week high of $19.86. The company has a fifty day moving average of $16.86 and a 200-day moving average of $16.93. The company has a market capitalization of $77.60 million, a P/E ratio of 27.40 and a beta of 0.23. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.74 and a current ratio of 0.74.

Pathfinder Bancorp (NASDAQ:PBHC) last issued its earnings results on Friday, January 31st. The savings and loans company reported $0.69 earnings per share (EPS) for the quarter. Pathfinder Bancorp had a return on equity of 3.07% and a net margin of 4.28%.

Insiders Place Their Bets

In other Pathfinder Bancorp news, insider Ronald Tascarella sold 5,000 shares of the business’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $17.00, for a total transaction of $85,000.00. Following the transaction, the insider now directly owns 48,609 shares of the company’s stock, valued at approximately $826,353. The trade was a 9.33 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP William D. O’brien sold 2,353 shares of the stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $17.14, for a total transaction of $40,330.42. Following the completion of the transaction, the senior vice president now directly owns 14,865 shares of the company’s stock, valued at approximately $254,786.10. The trade was a 13.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 7,556 shares of company stock valued at $128,803 over the last three months. Insiders own 22.40% of the company’s stock.

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.