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

Orange County Bancorp, Inc. (NASDAQ:OBT) declared a quarterly dividend on Thursday, May 21st. Investors of record on Thursday, June 4th will be paid a dividend of 0.18 per share on Monday, June 15th. This represents a c) annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Thursday, June 4th.

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

Orange County Bancorp Trading Down 1.0%

Shares of OBT opened at $33.77 on Tuesday. Orange County Bancorp has a 12-month low of $22.84 and a 12-month high of $37.99. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $452.86 million, a price-to-earnings ratio of 9.93 and a beta of 0.43. The stock’s 50-day moving average price is $33.92 and its 200 day moving average price is $31.48.

Orange County Bancorp (NASDAQ:OBT) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.07. Orange County Bancorp had a return on equity of 16.09% and a net margin of 27.54%.The firm had revenue of $32.08 million for the quarter, compared to analyst estimates of $32.30 million.

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.