Trustco Bank, designated by its ticker symbol TRST, has announced a forthcoming dividend of $0.360 per share. The announcement date was May 21st, 2025, with the ex-dividend date set for Jun 6th, 2025, and the dividend payment scheduled for Jul 1st, 2025. This dividend is notably higher than the average of the last ten dividends, which stands at $0.207 per share. The dividend type is cash dividend, consistent with the company's last payout on Apr 1st, 2025, which was also $0.360 per share.
Over the past week,
has been the subject of significant market activity and strategic decisions. Recently, Two Sigma Advisers LP reduced its holdings in TrustCo Bank Corp NY by 18.8% during the fourth quarter, reflecting a shift in investment strategy. Similarly,
Inc. cut its position in TrustCo Bank Corp NY by 12.2% in the same period, as indicated by analysts. Conversely, Deutsche Bank AG has increased its stake in TrustCo Bank by 14.0%, while MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake by 3.5%. These moves highlight fluctuating investor sentiment and strategic realignments within the investment community. Additionally, TrustCo Bank's stock is actively traded in pre-market and after-hours sessions, where less liquidity and more volatile price movements are observed. Investors are advised to use limit orders during these times to manage potential risks.
In conclusion, Trustco Bank's upcoming ex-dividend date is Jun 6th, 2025. It marks the last opportunity for investors to purchase shares and receive the dividend. Purchases made after this date will not be eligible for the current dividend payout.
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