Pathfinder Bancorp, Inc. (PBHC) Increases Dividend to $0.05 Per Share
Pathfinder Bancorp, Inc. (NASDAQ:PBHC) declared a quarterly dividend on Friday, June 30th, Wall Street Journal reports. Investors of record on Friday, July 14th will be given a dividend of 0.0525 per share by the savings and loans company on Friday, August 4th. This represents a $0.21 annualized dividend and a yield of 1.34%. The ex-dividend date of this dividend is Wednesday, July 12th. This is an increase from Pathfinder Bancorp’s previous quarterly dividend of $0.05.
Pathfinder Bancorp (NASDAQ:PBHC) traded down 0.15% during trading on Friday, reaching $15.70. The company had a trading volume of 120 shares. The stock has a 50 day moving average of $15.38 and a 200-day moving average of $14.55. Pathfinder Bancorp has a 12 month low of $11.24 and a 12 month high of $16.00. The company has a market capitalization of $63.62 million, a P/E ratio of 19.15 and a beta of 0.28.
Pathfinder Bancorp (NASDAQ:PBHC) last released its quarterly earnings results on Friday, April 28th. The savings and loans company reported $0.19 earnings per share (EPS) for the quarter. The company had revenue of $6.41 million during the quarter. Pathfinder Bancorp had a return on equity of 5.74% and a net margin of 11.67%.
COPYRIGHT VIOLATION NOTICE: This report was originally published by American Banking News and is the sole property of of American Banking News. If you are reading this report on another website, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright legislation. The legal version of this report can be read at https://www.americanbankingnews.com/2017/06/30/pathfinder-bancorp-inc-pbhc-increases-dividend-to-0-05-per-share.html.
Separately, TheStreet upgraded Pathfinder Bancorp from a “c+” rating to a “b” rating in a research note on Monday, April 17th.
In related news, Director George P. Joyce purchased 6,200 shares of the firm’s stock in a transaction dated Thursday, May 18th. The stock was bought at an average price of $14.22 per share, for a total transaction of $88,164.00. Following the purchase, the director now owns 5,779 shares in the company, valued at approximately $82,177.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director George P. Joyce purchased 4,800 shares of the firm’s stock in a transaction dated Wednesday, May 24th. The shares were bought at an average price of $15.31 per share, with a total value of $73,488.00. Following the purchase, the director now owns 5,779 shares in the company, valued at approximately $88,476.49. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 11,825 shares of company stock valued at $174,415. 21.06% of the stock is currently owned by corporate insiders.
Pathfinder Bancorp Company Profile
Pathfinder Bancorp, Inc is a federally chartered mid-tier holding company. The primary business of the Company is its investment in Pathfinder Bank (the Bank). The Bank is primarily engaged in the business of attracting deposits from the general public in the Bank’s market area, and investing such deposits, together with other sources of funds, in loans secured by one- to four-family residential real estate, commercial real estate, small business loans and consumer loans.
Receive News & Ratings for Pathfinder Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pathfinder Bancorp Inc. and related companies with MarketBeat.com's FREE daily email newsletter.