Orange County Bancorp Raises Dividend to 25c a Share

Dow Jones

Nov 23, 2024

By Stephen Nakrosis

Orange County Bancorp said its board approved an increase to the company's quarterly cash dividend, to 25 cents a share.

The new dividend, $1 on an annual basis, will be payable on Dec. 16 to shareholders of record on Dec. 4.

The dividend represents a yield of about 1.6%, based on the closing share price of $59.50 for the company's shares on Friday.

Orange County Bancorp is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

November 22, 2024 16:12 ET (21:12 GMT)

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