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TrustCo Bank Corp NY Stock Dividends Overview

TRST pays dividends quarterly. Last paid amount was $0.360 at Apr 01, 2024. As of today, dividend yield (TTM) is 4.98%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
AI Analysis of TRST
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 4.98%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.360
Next Ex-Dividend Date Jun 07, 2024
Next Payment Date Jul 01, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from TRST the purchase should be done within the next 5 days.
Here's a simple guide on how to buy TRST stock.

TRST Dividend Payout History

To ensure a understanding of TRST's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
111 Nov 19, 1996 Dec 04, 1996 Jan 02, 1997 $0.393 1.26%
112 Aug 20, 1996 Sep 04, 1996 Oct 01, 1996 $0.342 1.17%
113 May 21, 1996 Jun 05, 1996 Jul 01, 1996 $0.342 1.36%
114 Feb 20, 1996 Mar 06, 1996 Apr 01, 1996 $0.286 1.10%
115 Oct 17, 1995 Dec 06, 1995 Jan 02, 1996 $0.286 1.04%
116 Jul 18, 1995 Sep 06, 1995 Oct 02, 1995 $0.286 1.08%
117 May 16, 1995 Jun 06, 1995 Jul 03, 1995 $0.285 1.28%
118 Mar 06, 1995 Mar 06, 1995 Apr 03, 1995 $0.285 1.38%
119 Dec 05, 1994 Dec 05, 1994 Jan 03, 1995 $0.285 1.36%
120 Sep 26, 1994 Sep 26, 1994 Sep 26, 1994 $0.233 1.14%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (41.91%)

Growth potential

Decrease likely (20.20%)

TRST Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from TRST dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in TRST stock here.

Comparing TRST to Sector and Country

TRST pays a solid dividend yield of 4.98%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.78%). TRST’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.07%), which means that there are more attractive dividend stocks to consider.

TRST Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
TCG BDC Inc 910.245M $0.480 11.68% 99.30%
Heritage Commerce Corp 499.236M $0.130 6.18% 57.06%
CAC
Camden National Corporation 473.549M $0.420 5.17% 55.86%
TrustCo Bank Corp NY 526.786M $0.360 4.98% 51.63%
CNinsure Inc 184.404M $0.150 0% -

FAQ

What factors can affect the amount of TRST's dividend payments?
The amount of TRST's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in TRST sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from TRST stock be automatically reinvested?
If TRST offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy TRST stock.

How often does TRST pay dividend?
TrustCo Bank Corp NY (TRST) pays dividends quarterly. The most recent payout was on Apr 01, 2024. The upcoming dividend Ex Date is Jun 07, 2024, with an amount of $0.360.

How much does TRST pays per share?
The last recorder (Feb 29, 2024) dividend per share was $0.360.

What is TRST dividend growth rate?
Over the last year, TrustCo Bank Corp NY has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 1.82%. Furthermore, examining the past 5 years, TrustCo Bank Corp NY has maintained an average Dividends Per Share Growth Rate of 1.15%.
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About TrustCo Bank Corp NY

TrustCo Bank  NY TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals, partnerships, and corporations. The company accepts deposits; and offers loans and investments. It also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage-backed securities. In addit... TRST Profile

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