Orange County Bancorp, Inc. (OBT) To Go Ex-Dividend on June 4th

Orange County Bancorp, Inc. (NASDAQ:OBT) declared a quarterly dividend on Thursday, May 21st. Stockholders of record on Thursday, June 4th will be given a dividend of 0.18 per share on Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Thursday, June 4th.

Orange County Bancorp has a dividend payout ratio of 13.3% indicating that its dividend is sufficiently covered by earnings.

Orange County Bancorp Price Performance

Orange County Bancorp stock opened at $33.77 on Tuesday. Orange County Bancorp has a 1 year low of $22.84 and a 1 year high of $37.99. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.92 and a current ratio of 0.92. The company’s 50 day simple moving average is $33.92 and its 200-day simple moving average is $31.48. The company has a market capitalization of $452.86 million, a price-to-earnings ratio of 9.93 and a beta of 0.43.

Orange County Bancorp (NASDAQ:OBT) last announced its earnings results on Tuesday, April 28th. The company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.07. The company had revenue of $32.08 million for the quarter, compared to analyst estimates of $32.30 million. Orange County Bancorp had a return on equity of 16.09% and a net margin of 27.54%.

Orange County Bancorp Company Profile

Orange County Bancorp, Inc (NASDAQ: OBT) is the bank holding company for Orange County Trust Bank, a community banking franchise headquartered in Goshen, New York. The company provides a full suite of financial services to individuals, small businesses and local organizations across Orange County and the surrounding Hudson Valley region.

Orange County Bancorp offers depository products that include checking and savings accounts, money market funds and certificates of deposit. On the lending side, the company extends commercial real estate and business loans, residential mortgage loans, consumer installment loans and home equity financing.