Pathfinder Bancorp, Inc. (NASDAQ:PBHC) to Issue $0.10 Quarterly Dividend

Pathfinder Bancorp, Inc. (NASDAQ:PBHC) announced a quarterly dividend on Monday, June 29th. Shareholders of record on Friday, July 17th will be paid a dividend of 0.10 per share by the savings and loans company on Friday, August 7th. This represents a c) annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Friday, July 17th.

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

Pathfinder Bancorp Stock Down 1.2%

Shares of PBHC stock opened at $16.21 on Tuesday. The firm’s fifty day moving average price is $14.33 and its two-hundred day moving average price is $13.92. The company has a current ratio of 0.74, a quick ratio of 0.73 and a debt-to-equity ratio of 0.10. Pathfinder Bancorp has a 1 year low of $12.06 and a 1 year high of $17.40. The firm has a market capitalization of $79.10 million, a P/E ratio of -25.73 and a beta of 0.17.

Pathfinder Bancorp (NASDAQ:PBHC) last posted its quarterly earnings data on Wednesday, April 29th. The savings and loans company reported $0.38 EPS for the quarter. The company had revenue of $11.49 million during the quarter. Pathfinder Bancorp had a negative net margin of 4.96% and a negative return on equity of 3.20%.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Pathfinder Bancorp in a research report on Friday, May 1st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Pathfinder Bancorp Company Profile

Pathfinder Bancorp, Inc is a bank holding company headquartered in northeastern Pennsylvania that operates primarily through its subsidiary, Pathfinder Bank. The company offers a broad range of commercial and consumer banking solutions, including checking and savings accounts, time deposits, certificates of deposit, and retirement accounts. Through its branch network, Pathfinder Bancorp serves individuals, small businesses, and community organizations across its local market.

In addition to traditional deposit products, Pathfinder Bancorp provides a variety of lending services such as commercial real estate loans, construction and land development financing, agricultural credits, equipment loans, and consumer installment loans.