Pathfinder Bancorp declares $0.10 quarterly dividend

Published 30/06/2025, 21:20
Pathfinder Bancorp declares $0.10 quarterly dividend

OSWEGO, N.Y. - Pathfinder Bancorp, Inc. (NASDAQ:PBHC), the holding company for Pathfinder Bank, announced Monday it has declared a cash dividend of $0.10 per share for the fiscal quarter ending June 30, 2025. The dividend represents a 2.67% yield based on current share price. InvestingPro data shows the company has maintained dividend payments for 30 consecutive years, with increases in the last four years.

The dividend applies to both voting and non-voting common stock, as well as a $0.10 per notional share for the issued warrant. Shareholders of record as of July 18, 2025, will receive the payment on August 8, 2025. The $92.24 million market-cap bank has seen its shares decline ~13% year-to-date, though InvestingPro analysis indicates a Fair score for overall financial health.

Pathfinder Bancorp serves customers throughout Central New York, including Oswego, Syracuse, and neighboring communities. The state-chartered bank offers consumer, mortgage, and commercial loan portfolios, as well as investment services to individuals and businesses.

The announcement was made by James A. Dowd, President and CEO of Pathfinder Bancorp, according to a company press release.

Pathfinder Bancorp trades on the Nasdaq under the ticker symbol PBHC.

In other recent news, Pathfinder Bancorp, Inc. held its 2025 Annual Meeting of Shareholders, where several key resolutions were approved. Shareholders elected four directors to serve on the board for a three-year term. Eric Allyn, Meghan Crawford-Hamlin, Adam C. Gagas, and Melanie Littlejohn were the individuals elected, with varying numbers of votes in favor and withheld. Additionally, the shareholders ratified the appointment of Bonadio & Company, LLP, as the independent registered public accounting firm for the fiscal year ending December 31, 2025. The vote count for this resolution showed a significant majority in favor, with 3,846,031 votes supporting the appointment. These developments were disclosed in the company’s SEC Form 8-K filing.

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