Pathfinder Bancorp declares quarterly dividend of 3 cents a share

OSWEGO — Pathfinder Bancorp, Inc., the holding company of Pathfinder Bank (NASDAQ: PBHC), has declared a cash dividend of 3 cents a share on its common stock.

The dividend will be payable to all shareholders of record on April 15 and will be paid on May 3.

It’s the same dividend amount Pathfinder has paid for 17 straight quarters. At the company’s current stock price, the dividend yields just under 1 percent on an annual basis.

Pathfinder Bank is a New York state-chartered savings bank headquartered in Oswego. It has eight full-service branch offices located in its market areas of Oswego and Onondaga counties.

Pathfinder Bank ranks number one in market share of deposits in Oswego County with $357.4 million in deposits, good for a 29.7 percent share of all bank deposits in the county, according to the latest FDIC data as of June 30, 2012.

Contact Rombel at arombel@cnybj.com