Pathfinder Bancorp, Inc. Declares Dividend

Rhea-AI Summary

Pathfinder Bancorp, Inc. (NASDAQ: PBHC) has declared a cash dividend of $0.09 per share on both voting and non-voting common stock for the fiscal quarter ending September 30, 2022. This dividend will be payable to shareholders of record on October 14, 2022, with payment scheduled for November 11, 2022. The company, headquartered in Oswego, operates ten full-service offices in Oswego and Onondaga County, along with one limited purpose office in Oneida County.

Positive

• Dividend of $0.09 per share demonstrates financial stability.
• Scheduled dividend payment reflects company's commitment to shareholder returns.

Negative

• None.

OSWEGO, N.Y., Sept. 26, 2022 (GLOBE NEWSWIRE) -- James A. Dowd, President and CEO of Pathfinder Bancorp, Inc., the bank holding company of Pathfinder Bank (NASDAQ: PBHC) (listing: PathBcp), has announced that the Company has declared a cash dividend of $0.09 per share on the Company's voting common and non-voting common stock, and a cash dividend of $0.09 per notional share for the issued warrant relating to the fiscal quarter ending September 30, 2022. The third quarter 2022 dividend will be payable to all shareholders of record on October 14, 2022 and will be paid on November 11, 2022.  

About Pathfinder Bancorp, Inc.
Pathfinder Bank is a New York State chartered commercial bank headquartered in Oswego, whose deposits are insured by the Federal Deposit Insurance Corporation. The Bank is a wholly owned subsidiary of Pathfinder Bancorp, Inc., (NASDAQ SmallCap Market; symbol: PBHC, listing: PathBcp). The Bank has ten full service offices located in its market areas consisting of Oswego and Onondaga County and one limited purpose office in Oneida County.

This release may contain certain forward-looking statements, which are based on management's current expectations regarding economic, legislative, and regulatory issues that may impact the Company's earnings in future periods. Factors that could cause future results to vary materially from current management expectations include, but are not limited to, general economic conditions, changes in interest rates, deposit flows, loan demand, real estate values, and competition; changes in accounting principles, policies, or guidelines; changes in legislation or regulation; and economic, competitive, governmental, regulatory, and technological factors affecting the Company's operations, pricing, products, and services.

CONTACT: James A. Dowd, President and CEO, (315) 343-0057

FAQ

What is the dividend amount declared by Pathfinder Bancorp?

Pathfinder Bancorp has declared a cash dividend of $0.09 per share.

When will the dividend for Pathfinder Bancorp be paid?

The dividend will be paid on November 11, 2022.

Who is eligible for the dividend from Pathfinder Bancorp?

Shareholders of record on October 14, 2022, are eligible for the dividend.

What is the stock symbol for Pathfinder Bancorp?

The stock symbol for Pathfinder Bancorp is PBHC.