Pathfinder Bancorp, Inc. Declares Dividend

Rhea-AI Summary

Pathfinder Bancorp, Inc., the holding company of Pathfinder Bank (NASDAQ: PBHC), has declared a cash dividend of $0.10 per share on both voting and non-voting common stock for the fiscal quarter ending September 30, 2024. The dividend also applies to the issued warrant at $0.10 per notional share. This third quarter 2024 dividend will be payable on November 8, 2024, to shareholders of record as of October 18, 2024.

Pathfinder Bank, a New York State chartered commercial bank, is headquartered in Oswego and is FDIC insured. The bank operates twelve full-service offices in Oswego and Onondaga County, along with one -purpose office in Oneida County.

Positive

• Declared quarterly dividend of $0.10 per share
• Consistent dividend payout indicates financial stability
• Wide market presence with twelve full-service offices

Negative

• None.

OSWEGO, N.Y., Sept. 30, 2024 (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 $0.10 per share on the Company's voting common and non-voting common stock, and a cash dividend of $0.10 per notional share for the issued warrant relating to the fiscal quarter ending September 30, 2024. The third quarter 2024 dividend will be payable to all shareholders of record on October 18, 2024 and will be paid on November 8, 2024.

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 twelve 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

What is the dividend amount declared by Pathfinder Bancorp (PBHC) for Q3 2024?

Pathfinder Bancorp (PBHC) has declared a cash dividend of $0.10 per share for the third quarter of 2024.

When is the payment date for Pathfinder Bancorp's (PBHC) Q3 2024 dividend?

The payment date for Pathfinder Bancorp's (PBHC) third quarter 2024 dividend is November 8, 2024.

What is the record date for Pathfinder Bancorp's (PBHC) latest dividend?

The record date for Pathfinder Bancorp's (PBHC) latest dividend is October 18, 2024.

How many full-service offices does Pathfinder Bank (PBHC) operate?

Pathfinder Bank (PBHC) operates twelve full-service offices in Oswego and Onondaga County, and one -purpose office in Oneida County.