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.