Orange County Bancorp, Inc. Declares Cash Dividend

Rhea-AI Summary

Orange County Bancorp, Inc. (NASDAQ:OBT) announced a cash dividend of 20¢ per share, set to be paid on December 15, 2021. Shareholders of record by December 3, 2021 will be eligible for this dividend. The company has over $2.0 billion in total assets and continues to uphold a commitment to its community and clientele. This dividend reflects the Board's strategy to return value to shareholders while ensuring ongoing business support and growth.

Positive

• Declared a cash dividend of 20¢ per share.
• Demonstrates the company's commitment to returning value to shareholders.
• Maintains strong financial position with over $2.0 billion in total assets.

Negative

• None.

MIDDLETOWN, NY / ACCESSWIRE / November 19, 2021 / On November 19, 2021, the Board of Directors of Orange County Bancorp, Inc. (NASDAQ:OBT), the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., declared a 20¢ cash dividend per share of its common stock. The dividend will be paid on December 15, 2021 to shareholders of record on December 3, 2021.

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/673882/Orange-County-Bancorp-Inc-Declares-Cash-Dividend

FAQ

When will Orange County Bancorp pay its dividend?

The dividend will be paid on December 15, 2021.

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

The declared dividend is 20¢ per share.

Who is eligible for the dividend from Orange County Bancorp?

Shareholders of record on December 3, 2021, are eligible for the dividend.

How often does Orange County Bancorp declare dividends?

The press release does not specify the frequency of dividend declarations.

What is the stock symbol for Orange County Bancorp?

The stock symbol is OBT.