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

Posted by Xavier Holt on Dec 25th, 2024

Pathfinder Bancorp, Inc. (NASDAQ:PBHC – Get Free Report) announced a quarterly dividend on Tuesday, December 24th,Wall Street Journal reports. Investors of record on Friday, January 17th will be paid a dividend of 0.10 per share by the savings and loans company on Friday, February 7th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date is Friday, January 17th.

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

Pathfinder Bancorp Stock Performance

Shares of Pathfinder Bancorp stock opened at $17.37 on Wednesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.74 and a quick ratio of 0.74. The firm has a market cap of $81.99 million, a P/E ratio of 54.28 and a beta of 0.23. The firm has a 50 day simple moving average of $17.49 and a 200 day simple moving average of $15.89. Pathfinder Bancorp has a fifty-two week low of $11.41 and a fifty-two week high of $19.86.

Pathfinder Bancorp (NASDAQ:PBHC – Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The savings and loans company reported ($0.75) earnings per share for the quarter. The company had revenue of $13.44 million during the quarter. Pathfinder Bancorp had a net margin of 2.42% and a return on equity of 1.65%.

Insider Activity at Pathfinder Bancorp

In other Pathfinder Bancorp news, Director Eric Allyn sold 8,169 shares of Pathfinder Bancorp stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $16.80, for a total transaction of $137,239.20. Following the completion of the sale, the director now owns 6,124 shares of the company’s stock, valued at approximately $102,883.20. The trade was a 57.15 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 22.40% of the stock is currently owned by company insiders.

Pathfinder Bancorp Company Profile

(Get Free Report)

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.