Orange County Bancorp Increases Shareholder Value with Dividend

Author: Caleb Price Updated: 02-21-2025 04:45 PM

Orange County Bancorp Announces Cash Dividend for Shareholders

Orange County Bancorp, Inc. (NASDAQ: OBT), a reputable financial institution, has declared a cash dividend payment that demonstrates its commitment to returning value to its shareholders. Specifically, the bank has announced a $0.13 dividend per share on its common stock, signaling positive financial health and stability.

Details on the Dividend Declaration

The dividend is set to be paid on March 17, 2025, to shareholders who are recorded on the company’s books as of March 4, 2025. This announcement comes as part of the ongoing efforts by Orange County Bancorp to strengthen its ties with investors and enhance shareholder confidence.

About Orange County Bancorp, Inc.

Founded over 125 years ago by a visionary group of 14 founders, Orange County Bancorp, Inc. serves as the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. The bank has expanded through innovation and community involvement, amassing approximately $2.5 billion in total assets. This impressive growth showcases the bank's dedication to customer service and its proactive approach to meeting client needs.

Investing in Legacy and Innovation

With its foundation deeply rooted in community service, Orange Bank & Trust Company focuses on meeting the financial requirements of individuals and businesses. The bank prides itself on offering a comprehensive range of services while ensuring personalized care for its clients. Furthermore, Hudson Valley Investment Advisors, Inc., which became part of the Bancorp in 2012, continually provides trustworthy investment solutions tailored to clients' needs.

Contact Information

For any inquiries regarding the dividend or the company's services, Candice Varetoni, the AVP Marketing Officer at Orange Bank & Trust Company, is available for contact. She can be reached via email at CVaretoni@orangebanktrust.com. With her expertise in marketing and finance, she can provide valuable information for both current and prospective shareholders.

Frequently Asked Questions

What does the cash dividend of $0.13 per share signify?

The cash dividend indicates Orange County Bancorp's commitment to returning value to its shareholders, reflecting the company's strong financial health.

When will the dividend be paid?

The dividend will be paid on March 17, 2025, to shareholders of record as of March 4, 2025.

Who can I contact for more information regarding the dividend?

You can contact Candice Varetoni, the AVP Marketing Officer at Orange Bank & Trust Company, through email at CVaretoni@orangebanktrust.com.

What are the key services provided by Orange Bank & Trust Company?

Orange Bank & Trust Company offers a comprehensive range of banking services tailored for individuals and businesses, focusing on personalized care.

How has Orange County Bancorp grown over the years?

The Bancorp has grown significantly, reaching approximately $2.5 billion in total assets through innovation and a commitment to community service.

About The Author

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