Pathfinder Bancorp, Inc. Declares Dividend
Pathfinder Bancorp, Inc. (NASDAQ: PBHC) has declared a cash dividend of $0.09 per share on both voting and non-voting common stock for the fiscal quarter ending September 30, 2022.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Pathfinder Bancorp, Inc. (NASDAQ: PBHC) has declared a cash dividend of $0.09 per share on both voting and non-voting common stock for the fiscal quarter ending September 30, 2022. This dividend will be payable to shareholders of record on October 14, 2022, with payment scheduled for November 11, 2022. The company, headquartered in Oswego, operates ten full-service offices in Oswego and Onondaga County, along with one limited purpose office in Oneida County.
Positive
- Dividend of $0.09 per share demonstrates financial stability.
- Scheduled dividend payment reflects company's commitment to shareholder returns.
Negative
- None.
Details
News Market Reaction – PBHC
The recorded move for PBHC in the trading session of this news was -2.23%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
OSWEGO, N.Y., Sept. 26, 2022 (GLOBE NEWSWIRE) -- James A. Dowd, President and CEO of Pathfinder Bancorp, Inc., the bank holding company of Pathfinder Bank (NASDAQ: PBHC) (listing: PathBcp), has announced that the Company has declared a cash dividend of
About Pathfinder Bancorp, Inc.
Pathfinder Bank is a New York State chartered commercial bank headquartered in Oswego, whose deposits are insured by the Federal Deposit Insurance Corporation. The Bank is a wholly owned subsidiary of Pathfinder Bancorp, Inc., (NASDAQ SmallCap Market; symbol: PBHC, listing: PathBcp). The Bank has ten full service offices located in its market areas consisting of Oswego and Onondaga County and one limited purpose office in Oneida County.
This release may contain certain forward-looking statements, which are based on management's current expectations regarding economic, legislative, and regulatory issues that may impact the Company's earnings in future periods. Factors that could cause future results to vary materially from current management expectations include, but are not limited to, general economic conditions, changes in interest rates, deposit flows, loan demand, real estate values, and competition; changes in accounting principles, policies, or guidelines; changes in legislation or regulation; and economic, competitive, governmental, regulatory, and technological factors affecting the Company's operations, pricing, products, and services.
CONTACT: James A. Dowd, President and CEO, (315) 343-0057
FAQ
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