Pathfinder Bancorp, Inc. (NASDAQ:PBHC) Announces Quarterly Dividend of $0.10

Pathfinder Bancorp, Inc. (NASDAQ:PBHC) announced a quarterly dividend on Monday, September 28th. Shareholders of record on Friday, October 16th will be paid a dividend of $0.10 per share by the savings and loans company on Friday, November 6th. This represents a $0.40 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, October 16th.

Pathfinder Bancorp has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 1 years.

Pathfinder Bancorp Stock Performance

Shares of NASDAQ:PBHC opened at $17.43 on Tuesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.69 and a quick ratio of 0.68. The business’s fifty day moving average price is $16.48 and its two-hundred day moving average price is $15.09. Pathfinder Bancorp has a fifty-two week low of $12.06 and a fifty-two week high of $18.30. The stock has a market capitalization of $85.38 million, a price-to-earnings ratio of -82.97 and a beta of 0.13.

Pathfinder Bancorp (NASDAQ:PBHC) last issued its quarterly earnings data on Thursday, July 30th. The savings and loans company reported $0.42 earnings per share (EPS) for the quarter. Pathfinder Bancorp had a negative return on equity of 1.08% and a negative net margin of 1.70%.The company had revenue of $11.67 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded Pathfinder Bancorp from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, September 16th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, Pathfinder Bancorp presently has a consensus rating of “Hold”.

Pathfinder Bancorp Company Profile

Pathfinder Bancorp, Inc is the bank holding company for Pathfinder Bank, a community-focused financial institution headquartered in Oswego, New York. Founded in 1859, Pathfinder Bank serves individuals, families, businesses, nonprofit organizations and municipalities through a network of banking offices and digital services.

The bank provides a range of deposit products, including checking, savings, money market and certificate accounts, along with residential mortgage, home equity, consumer and commercial loans.