Pathfinder Bancorp Inc. (PBHC) Plans $0.05 Quarterly Dividend
Pathfinder Bancorp Inc. (NASDAQ:PBHC) declared a quarterly dividend on Friday, September 30th. Stockholders of record on Friday, October 14th will be paid a dividend of 0.05 per share on Friday, November 4th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date of this dividend is Wednesday, October 12th.
Pathfinder Bancorp (NASDAQ:PBHC) opened at 12.16 on Friday. The company has a 50-day moving average price of $12.14 and a 200 day moving average price of $11.69. The stock has a market cap of $50.45 million, a price-to-earnings ratio of 16.66 and a beta of 0.21. Pathfinder Bancorp has a 52-week low of $10.76 and a 52-week high of $13.32.
Pathfinder Bancorp (NASDAQ:PBHC) last posted its quarterly earnings data on Friday, July 29th. The company reported $0.20 earnings per share for the quarter. The firm earned $6 million during the quarter, compared to analysts’ expectations of $5.60 million. Pathfinder Bancorp had a net margin of 11.90% and a return on equity of 5.36%.
In other Pathfinder Bancorp news, VP Walter Rusnak purchased 3,000 shares of the firm’s stock in a transaction on Tuesday, August 30th. The stock was bought at an average price of $12.18 per share, with a total value of $36,540.00. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 17.35% of the stock is currently owned by company insiders.
Pathfinder Bancorp Company Profile
Pathfinder Bancorp, Inc is a federally chartered mid-tier holding company. The primary business of the Company is its investment in Pathfinder Bank (the Bank). The Bank is primarily engaged in the business of attracting deposits from the general public in the Bank’s market area, and investing such deposits, together with other sources of funds, in loans secured by one- to four-family residential real estate, commercial real estate, small business loans and consumer loans.
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