Orange County Bancorp, Inc. Declares Cash Dividend

Rhea-AI Summary

Orange County Bancorp, Inc. (NASDAQ:OBT), the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, has declared a cash dividend of $0.23 per share of its common stock. The dividend was announced by the Board of Directors on August 15, 2024, and will be paid on September 16, 2024 to shareholders of record as of September 4, 2024. This decision demonstrates the company's commitment to providing returns to its shareholders and may indicate confidence in its financial stability and future prospects.

Positive

• Declared cash dividend of $0.23 per share
• Consistent dividend payout indicates financial stability

Negative

• None.

MIDDLETOWN, NY / ACCESSWIRE / August 16, 2024 / On August 15, 2024, the Board of Directors of Orange County Bancorp, Inc. (NASDAQ:OBT), the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., declared a $0.23 cash dividend per share of its common stock. The dividend will be paid on September 16, 2024 to shareholders of record on September 4, 2024.

About Orange County Bancorp Inc.

Orange County Bancorp, Inc. is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. Orange Bank & Trust Company is an independent bank that began with the vision of 14 founders over 125 years ago. It has grown through innovation and an unwavering commitment to its community and business clientele to approximately $2.5 billion in total assets. Hudson Valley Investment Advisors, Inc. is a Registered Investment Advisor in Goshen, NY. It was founded in 1996 and acquired by the Company in 2012.

For further information:

Michael Lesler
EVP & Chief Financial Officer
mlesler@orangebanktrust.com
Phone: (845) 341-5111

SOURCE: Orange County Bancorp, Inc.

View the original press release on accesswire.com

FAQ

What is the amount of Orange County Bancorp's (OBT) latest dividend?

Orange County Bancorp (OBT) has declared a cash dividend of $0.23 per share of its common stock.

When will Orange County Bancorp (OBT) pay its latest dividend?

Orange County Bancorp (OBT) will pay the dividend on September 16, 2024.

What is the record date for Orange County Bancorp's (OBT) latest dividend?

The record date for Orange County Bancorp's (OBT) latest dividend is September 4, 2024.

How often does Orange County Bancorp (OBT) declare dividends?

The press release doesn't specify the frequency of Orange County Bancorp's (OBT) dividend declarations. Investors should check the company's dividend history for this information.