Orange County Bancorp, Inc. Declares Cash Dividend

Rhea-AI Summary

Orange County Bancorp, Inc. declared a cash dividend of $0.23 per share on February 16, 2023. This dividend will be paid on March 15, 2023, to shareholders who are on record by March 3, 2023. The company, which operates as the parent of Orange Bank & Trust Company and Hudson Valley Investment Advisors, boasts over $2.0 billion in total assets, a milestone achieved through long-term commitment and innovation in banking.

Positive

• Declared a cash dividend of $0.23 per share, indicating strong company performance and shareholder returns.
• Total assets of over $2.0 billion reflect financial stability and growth.

Negative

• None.

MIDDLETOWN, NY / ACCESSWIRE / February 17, 2023 / On February 16, 2023, the Board of Directors of Orange County Bancorp, Inc., the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., declared a $0.23 cash dividend per share of its common stock. The dividend will be paid on March 15, 2023 to shareholders of record on March 3, 2023.

About Orange County Bancorp Inc.

Orange County Bancorp, Inc. is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. Orange Bank & Trust Company is an independent bank that began with the vision of 14 founders over 130 years ago. It has grown through ongoing innovation and an unwavering commitment to its community and business clientele to more than $2.0 billion in total assets.

Contact Information:

Candice Varetoni
AVP MARKETING OFFICER
212 Dolson Avenue
Middletown, New York 10940 D
845-341-5043
Cvaretoni@orangebanktrust.com

SOURCE: Orange County Bancorp, Inc.

View source version on accesswire.com:
https://www.accesswire.com/739891/Orange-County-Bancorp-Inc-Declares-Cash-Dividend

FAQ

What is the cash dividend amount declared by Orange County Bancorp?

Orange County Bancorp declared a cash dividend of $0.23 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on March 15, 2023.

What is the record date for the dividend payment?

The record date for the dividend payment is March 3, 2023.

How does the dividend reflect on the company's financial health?

The declaration of a dividend indicates strong financial performance and a commitment to returning value to shareholders.