Orange County Bancorp, Inc. Declares Cash Dividend

Rhea-AI Summary

Orange County Bancorp declared a $0.20 cash dividend per share on August 18, 2022. The dividend is set to be paid on September 15, 2022 to shareholders recorded by September 2, 2022. This action reflects the company's commitment to shareholder returns and financial stability. With total assets exceeding $2 billion, Orange County Bancorp continues to support its community and offers investment advisory services through its subsidiary, Hudson Valley Investment Advisors, Inc.

Positive

• Declaration of a $0.20 cash dividend per share.
• Dividend payment demonstrates strong shareholder return policy.
• Total assets exceeding $2 billion indicate financial stability.

Negative

• None.

MIDDLETOWN, NY / ACCESSWIRE / August 18, 2022 / On August 18, 2022, 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 $0.20 cash dividend per share of its common stock. The dividend will be paid on September 15, 2022 to shareholders of record on September 2, 2022.

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 125 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. Hudson Valley Investment Advisors, Inc. is a Registered Investment Advisor in Goshen, NY. It was founded in 1996 and was acquired by the Company in 2012.

Contact:

Candice Varetoni
AVP Marketing Officer
cvaretoni@orangebanktrust.com
845-341-5043

SOURCE: Orange County Bancorp, Inc.

View source version on accesswire.com:
https://www.accesswire.com/712664/Orange-County-Bancorp-Inc-Declares-Cash-Dividend

FAQ

When is the dividend payment date for OBT?

The dividend payment date for OBT is September 15, 2022.

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

Orange County Bancorp declared a cash dividend of $0.20 per share.

Who are the shareholders of record for the dividend?

Shareholders of record for the dividend are those recorded by September 2, 2022.

What are the assets of Orange County Bancorp?

Orange County Bancorp has total assets exceeding $2 billion.