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 Featured MNV Articles:
| Trustco Bank About To Put More Money In Your Pocket (TRST)By Dividend Channel Staff, Tuesday, February 27, 10:20 AM ET
On 2/29/24, Trustco Bank Corp. (NASDAQ:TRST) will trade ex-dividend, for its quarterly dividend of $0.36, payable on 4/1/24. As a percentage of TRST's recent stock price of $27.57, this dividend works out to approximately 1.31%, so look for shares of Trustco Bank Corp. to trade 1.31% lower — all else being equal — when TRST shares open for trading on 2/29/24. Below is a dividend history chart for TRST, showing historical dividends prior to the most recent $0.36 declared by Trustco Bank Corp.: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TRST is likely to continue, and whether the current estimated yield of 5.22% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TRST shares, versus its 200 day moving average:
Looking at the chart above, TRST's low point in its 52 week range is $23.78 per share, with $37.80 as the 52 week high point — that compares with a last trade of $27.64. Free Report: Top 8%+ Dividends (paid monthly)
In Tuesday trading, Trustco Bank Corp. shares are currently off about 1.2% on the day.
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