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

Pathfinder Bancorp, Inc. (NASDAQ:PBHC) declared a quarterly dividend on Monday, December 23rd,Wall Street Journal reports. Shareholders 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 annualized dividend and a yield of 2.60%. The ex-dividend date of this dividend is Friday, January 17th.

Pathfinder Bancorp has increased its dividend payment by an average of 13.0% annually over the last three years.

Pathfinder Bancorp Stock Performance

Shares of NASDAQ PBHC opened at $15.38 on Wednesday. The stock has a market cap of $72.59 million, a PE ratio of 48.06 and a beta of 0.22. Pathfinder Bancorp has a 1 year low of $11.41 and a 1 year high of $19.86. The firm has a fifty day moving average price of $17.38 and a 200-day moving average price of $16.31. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.74 and a quick ratio of 0.74.

Pathfinder Bancorp (NASDAQ:PBHC) last posted its quarterly earnings results on Wednesday, October 30th. The savings and loans company reported ($0.75) EPS for the quarter. Pathfinder Bancorp had a net margin of 2.42% and a return on equity of 1.65%. The business had revenue of $13.44 million for the quarter.

Insider Activity at Pathfinder Bancorp

In other Pathfinder Bancorp news, Director Eric Allyn sold 8,169 shares of the stock in a transaction that occurred 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 directly owns 6,124 shares of the company’s stock, valued at $102,883.20. This trade represents a 57.15 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 22.40% of the stock is owned by corporate 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.