Orange County Bancorp, Inc. Declares Cash Dividend

Rhea-AI Summary

Orange County Bancorp has announced a cash dividend of $0.20 per share, payable on March 15, 2022, to shareholders recorded on March 2, 2022. The company, with over $2.0 billion in total assets, operates as the parent of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. This decision reflects the company's commitment to return value to its shareholders while maintaining its strong financial position.

Positive

• Declared a cash dividend of $0.20 per share, enhancing shareholder income.
• Demonstrates the company's financial stability and commitment to returning value to stakeholders.

Negative

• None.

MIDDLETOWN, NY / ACCESSWIRE / February 18, 2022 / On February 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 March 15, 2022 to shareholders of record on March 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.

For further information:

Robert L. Peacock
SEVP Chief Financial Officer
rpeacock@orangebanktrust.com
Phone: (845) 341-5005

SOURCE: Orange County Bancorp, Inc.

View source version on accesswire.com:
https://www.accesswire.com/689508/Orange-County-Bancorp-Inc-Declares-Cash-Dividend

FAQ

What is the dividend amount declared by Orange County Bancorp for 2022?

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

When will Orange County Bancorp's dividend be paid?

The dividend will be paid on March 15, 2022.

Who is eligible to receive the dividend from Orange County Bancorp?

Shareholders of record on March 2, 2022, are eligible to receive the dividend.