Orange County Bancorp Announces Exciting Cash Dividend News
Orange County Bancorp, Inc. Declares Cash Dividend
Orange County Bancorp, Inc. (NASDAQ: OBT), the proud parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., has recently made a noteworthy announcement. The company declared a cash dividend of $0.13 per share on its common stock. This dividend is scheduled to be paid on September 16, which is a wonderful news for shareholders looking to benefit from their investments.
Financial Growth and Community Commitment
History and Mission
Orange County Bancorp has a rich legacy that spans over 125 years. This independent bank was founded by 14 visionary individuals who aimed to serve their community with dedication. Through innovation and an unwavering commitment to their clients, the company has grown to represent approximately $2.5 billion in total assets, solidifying its position within the banking sector.
Investment Advisory Services
In addition to banking services, Orange County Bancorp also owns Hudson Valley Investment Advisors, Inc., a registered investment advisor located in Goshen, NY. Founded in 1996 and acquired by the company in 2012, this division has expanded the financial service options available to clients, allowing them to efficiently manage their investments while receiving expert advice.
Recent Developments
The recent cash dividend declaration is just one indication of Orange County Bancorp's robust financial health. The company's ability to provide dividends reflects its steady growth and commitment to returning value to its shareholders. In a competitive financial market, maintaining a solid dividend can be a significant factor in encouraging investor confidence.
Contact Information
For more information about the cash dividend or any other inquiries regarding Orange County Bancorp, shareholders are encouraged to reach out to:
Candice Varetoni
AVP Marketing Officer
Cvaretoni@orangebanktrust.com
Frequently Asked Questions
What is the cash dividend amount declared by Orange County Bancorp?
Orange County Bancorp has declared a cash dividend of $0.13 per share.
When will the cash dividend be paid?
The dividend will be paid on September 16 to shareholders of record on September 8.
What is the significance of the dividend declaration?
This dividend declaration demonstrates the company's strong financial position and commitment to returning value to its shareholders.
How has Orange County Bancorp grown over the years?
Founded over 125 years ago, the bank has expanded significantly, now holding approximately $2.5 billion in total assets.
Who should shareholders contact for more information?
Shareholders may contact Candice Varetoni, the AVP Marketing Officer, for any inquiries regarding the dividend.
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