Orange County Bancorp, Inc. Declares Cash Dividend

Rhea-AI Summary

On May 16, 2024, Orange County Bancorp, the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, declared a $0.23 cash dividend per share of common stock.

The dividend is scheduled for payment on June 14, 2024, to shareholders recorded by June 4, 2024.

Positive

• Declared cash dividend of $0.23 per share, indicating financial stability.
• Scheduled dividend payment date is June 14, 2024.

Negative

• Dividend declaration does not necessarily indicate future earnings growth.
• No information on long-term financial performance or future dividends.

MIDDLETOWN, NY / ACCESSWIRE / May 17, 2024 / On May 16, 2024, 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 June 14, 2024 to shareholders of record on June 4, 2024.

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 innovation and an unwavering commitment to its community and business clientele to approximately $2.5 billion in total assets. Hudson Valley Investment Advisors, Inc. is a Registered Investment Advisor in Goshen, NY. It was founded in 1996 and acquired by the Company in 2012.

CONTACT:

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

SOURCE: Orange County Bancorp, Inc.

View the original press release on accesswire.com

FAQ

When did Orange County Bancorp declare a cash dividend?

Orange County Bancorp declared a cash dividend on May 16, 2024.

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

The dividend declared by Orange County Bancorp is $0.23 per share.

When is the dividend payment date for Orange County Bancorp (OBT) shareholders?

The dividend payment date is June 14, 2024.

Who is eligible to receive the declared dividend from Orange County Bancorp (OBT)?

Shareholders of record by June 4, 2024, are eligible to receive the dividend.