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What you need to know for 04/26/2017

TrustCo parent company declares cash dividend

TrustCo parent company declares cash dividend

TrustCo Bank Corp NY shareholders can expect to receive a cash dividend as soon as Oct. 1.

TrustCo Bank Corp NY shareholders can expect to receive a cash dividend as soon as Oct. 1.

The holding company for Glenville-based Trustco Bank declared a quarterly cash dividend of 6.5625 cents per share, or 26.25 cents per share on an annualized basis. It will be payable Oct. 1 to shareholders of record at the close of business Sept. 5.

TrustCo has now paid more than $500 million in dividends to shareholders since the beginning of 2000.

The $4.6 billion savings and loan holding company operates 143 offices in the Northeast and Florida.

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