Categories: Banks & Credit UnionsSubscriber Only

Pathfinder Bancorp to pay Q3 dividend in early November

OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), holding company for Pathfinder Bank, recently declared a quarterly cash dividend of 6 cents per share on its common stock for the fiscal quarter ending Sept. 30. The dividend will be payable to all Pathfinder shareholders of record on Oct. 19 and will be paid on Nov. 9, […]

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The dividend will be payable to all Pathfinder shareholders of record on Oct. 19 and will be paid on Nov. 9, the banking company announced in a news release.

Pathfinder also paid a dividend of 6 cents a share each of the last two quarters after boosting the dividend in four straight quarters by one-fourth of a cent each time.

At the banking company’s current stock price, the dividend payment yields about 1.6 percent on an annual basis.

Pathfinder Bank has nine branches, with six in Oswego County and three in Onondaga County. It is ranked first in market share in Oswego County with a 44 percent share of total market deposits, according to the latest FDIC statistics.

Thomas W. Schneider is president and CEO of Pathfinder Bancorp.

Journal Staff