TrustCo Bank Corp NY (TRST) Dividends
Dividend Yield and Dividend History Highlights
- If you care about predictable cash flow, note that TRST reports less variability in its free cash flow than 99.77% of the dividend stocks we're tracking.
- TRST has an EBITDA to net debt ratio of 80,972,000; for context, that's better than 86.98% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- If you're seeking price stability while collecting dividends, note that TRST has less volatility in its price than merely 0.1% of US stocks in our dividend set.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with TRST's price: UTI, RYAM, HUN, SGC and KYOCY.
TRST Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $35.36 | $1183.73 | 3576.18% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of TRST, the dividend discount model StockNews created for the company implies a positive return of 3576.18%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Trustco Bank Corp N Y are:
- In comparison to other US listed dividend yielding stocks in the Financial Services sector, Trustco Bank Corp N Y's expected return of 3576.18% is higher than 99.61% of its fellow sector mates.
- Compared to all dividend issuing stocks in our set, Trustco Bank Corp N Y bears a discount rate, according to our calculations, lower than 99.61% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- Trustco Bank Corp N Y's market cap of $622 million US dollars puts it in the small-sized market cap class; amongst this group of stocks, its equity discount rate is lower than only 100% of them.
- Beta tells us how volatile a stock's price is relative to the broader equity index; as for TRST, approximately 98.9% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
TRST Dividend Chart
TRST Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Loading, please wait... | |||||||||
TRST Dividends vs. Peers
TRST's dividend yield currently ranks #10 of 110 vs. its peers in the Northeast Regional Banks category.
Looking for More Information on TRST dividends?
Want to do more research on Trustco Bank Corp N Y's dividends? Try the links below:Trustco Bank Corp N Y Common Stock (TRST) Dividend History | Nasdaq
Dividend History for Trustco Bank Corp N Y (TRST) - Dividend Investor
Trustco Bank Corp N Y (TRST) Dividend History - Seeking Alpha