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

Orange County Bancorp, Inc. (NASDAQ:OBTGet Free Report) declared a quarterly dividend on Thursday, August 20th. Stockholders of record on Friday, September 4th will be given a dividend of 0.18 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Friday, September 4th.

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

Orange County Bancorp Stock Down 1.2%

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

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

About Orange County Bancorp

(Get Free Report)

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.

See Also

Dividend History for Orange County Bancorp (NASDAQ:OBT)

Receive News & Ratings for Orange County Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orange County Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.