Orange County Bancorp, Inc. Declares Cash Dividend
MIDDLETOWN, N.Y. — Orange County Bancorp, Inc. (NASDAQ: OBT), the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., recently proclaimed a cash dividend of $0.13 per share of its common stock. This cash dividend illustrates the company's ongoing dedication to enriching shareholder value.
Dividend Payment Details
The dividend is scheduled for distribution on March 17 to shareholders who are on record as of March 4. Such timely dividends reflect not just financial stability but also the commitment of Orange County Bancorp to reward its stakeholders consistently. This practice of returning value to shareholders is a hallmark of the company's philosophy.
About Orange County Bancorp, Inc.
Established over 125 years ago by a visionary group of 14 founders, Orange County Bancorp, Inc. has continuously adapted and expanded its services. Today, it boasts around $2.5 billion in total assets, making it a significant player in the banking industry.
Orange Bank & Trust Company
Orange Bank & Trust Company operates as an independent entity, emphasizing community engagement and business solutions. Its ongoing growth and customer-centric approach underline the institution's reputation for reliability in the financial landscape.
Hudson Valley Investment Advisors, Inc.
Acquired by Orange County Bancorp in 2012, Hudson Valley Investment Advisors, Inc. complements the banking services with effective investment strategies. Founded in 1996, it has established itself as a trusted advisor in the investment space, serving a diverse range of clients.
Future Outlook
The commitment to dividends symbolizes the robust performance and strategic vision of Orange County Bancorp. As it looks toward the future, the company aims to navigate the evolving banking environment while ensuring its services remain aligned with the needs and expectations of its customers.
Contact Information
For further inquiries, please reach out to Candice Varetoni, AVP Marketing Officer at Orange Bank & Trust Company. You can contact her via email at CVaretoni@orangebanktrust.com.
Frequently Asked Questions
What is the amount of the declared cash dividend by Orange County Bancorp?
Orange County Bancorp, Inc. has declared a cash dividend of $0.13 per share of common stock.
When will the dividend be paid?
The cash dividend will be paid on March 17 to shareholders recorded as of March 4.
Who are the main entities under Orange County Bancorp?
Orange County Bancorp, Inc. is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc.
What distinguishes Orange Bank & Trust Company from other banks?
Orange Bank & Trust Company focuses on community engagement and has a legacy of excellence in banking services for over 125 years.
What investment services does Hudson Valley Investment Advisors provide?
Hudson Valley Investment Advisors, Inc. offers comprehensive investment advisory services that cater to a wide array of clients.
