Orange County Bancorp, Inc. (OBT) To Go Ex-Dividend on September 4th

Orange County Bancorp, Inc. (NASDAQ:OBT) announced a quarterly dividend on Thursday, August 20th. Shareholders of record on Friday, September 4th will be paid a dividend of 0.18 per share on Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Friday, September 4th.

Orange County Bancorp has a payout ratio of 13.3% indicating that its dividend is sufficiently covered by earnings.

Orange County Bancorp Price Performance

OBT stock opened at $37.50 on Wednesday. Orange County Bancorp has a 12-month low of $23.25 and a 12-month high of $40.10. The company has a market cap of $502.88 million, a price-to-earnings ratio of 10.56 and a beta of 0.41. The firm has a 50 day moving average of $37.82 and a 200-day moving average of $35.30. The company has a current ratio of 0.93, a quick ratio of 0.91 and a debt-to-equity ratio of 0.11.

Orange County Bancorp (NASDAQ:OBT) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.22. The firm had revenue of $27.82 million for the quarter, compared to analysts’ expectations of $33.00 million. Orange County Bancorp had a net margin of 30.80% and a return on equity of 16.44%.

Orange County Bancorp Company Profile

Orange County Bancorp, Inc (NASDAQ: OBT) is the bank holding company for Orange County Trust Bank, a community banking franchise headquartered in Goshen, New York. The company provides a full suite of financial services to individuals, small businesses and local organizations across Orange County and the surrounding Hudson Valley region.

Orange County Bancorp offers depository products that include checking and savings accounts, money market funds and certificates of deposit. On the lending side, the company extends commercial real estate and business loans, residential mortgage loans, consumer installment loans and home equity financing.