TrustCo Announces First Dividend of 2025; Continues Annualized Payout of $1.44 per share

Core Viewpoint - TrustCo Bank Corp NY has declared a quarterly cash dividend of $0.36 per share, reflecting its commitment to delivering consistent returns to shareholders [1][2]. Company Overview - TrustCo Bank Corp NY is a savings and loan holding company with total assets of $6.2 billion and operates 136 offices across New York, New Jersey, Vermont, Massachusetts, and Florida [3]. - The company has a long-standing tradition of providing high-quality financial services, including a variety of deposit and loan products, as well as investment services, retirement planning, and trust and estate administration [3]. - TrustCo Bank is recognized as one of the best-performing savings banks in the United States, with its common shares traded on the NASDAQ under the symbol TRST [3]. Dividend Declaration - The declared quarterly cash dividend of $0.36 per share translates to an annualized dividend of $1.44 per share, payable on April 1, 2024, to shareholders of record as of March 7, 2025 [1]. - The consistent dividend payments since 1904 highlight the company's strong corporate performance and commitment to shareholder satisfaction [2].