TrustCo Bank Corp NY (TRST) Dividends

TrustCo Bank Corp NY (TRST): $35.36

0.49 (+1.41%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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 Ex-Dividend Date
TRST Dividend Yield
4.01%
TRST Annual Dividend
$1.40
TRST Payout Ratio

TRST Price Forecast Based on Dividend Discount Model

Current PriceDDM 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
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TRST Dividends vs. Peers

TRST's dividend yield currently ranks #10 of 110 vs. its peers in the Northeast Regional Banks category.
Rank Symbol Name Dividend Yield
1 NYCB New York Community Bancorp, Inc. 6.38%
2 UNB Union Bankshares, Inc. 5.26%
3 LSBK Lake Shore Bancorp, Inc. 5.23%
4 QNBC Qnb Corp 4.78%
5 ISBC Investors Bancorp, Inc. 4.61%
6 FNLC First Bancorp, Inc (ME) 4.48%
7 CBFV CB Financial Services, Inc. 4.27%
8 FISI Financial Institutions, Inc. 4.26%
9 FLIC The First of Long Island Corporation 4.05%
10 TRST TrustCo Bank Corp NY 4.01%
11 FRAF Franklin Financial Services Corporation 3.97%
12 WASH Washington Trust Bancorp, Inc. 3.96%
13 FFIC Flushing Financial Corporation 3.93%
14 BDGE Bridge Bancorp, Inc. 3.93%
15 PFS Provident Financial Services, Inc 3.91%
16 ORIT Oritani Financial Corp. 3.87%
17 OCFC OceanFirst Financial Corp. 3.81%
18 STBA S&T Bancorp, Inc. 3.81%
19 EMCF Emclaire Financial Corp 3.77%
20 PBCT People's United Financial, Inc. 3.76%
21 BRKL Brookline Bancorp, Inc. 3.75%
22 FNCB FNCB Bancorp Inc. 3.72%
23 KRNY Kearny Financial 3.62%
24 BPRN The Bank of Princeton 3.55%
25 LBAI Lakeland Bancorp, Inc. 3.55%
26 VLY Valley National Bancorp 3.53%
27 FULT Fulton Financial Corporation 3.52%
28 BHB Bar Harbor Bankshares, Inc. 3.50%
29 NFBK Northfield Bancorp, Inc. 3.49%
30 UBNK United Financial Bancorp, Inc. 3.40%
31 CAC Camden National Corporation 3.38%
32 FDBC Fidelity D & D Bancorp, Inc. 3.38%
33 BHBK Blue Hills Bancorp, Inc. 3.35%
34 EVBN Evans Bancorp, Inc. 3.31%
35 UVSP Univest Financial Corporation 3.28%
36 BCBP BCB Bancorp, Inc. (NJ) 3.28%
37 WBS Webster Financial Corporation 3.27%
38 FCF First Commonwealth Financial Corporation 3.21%
39 ESSA ESSA Bancorp, Inc. - common stock 3.21%
40 AROW Arrow Financial Corporation 3.12%
41 CATC Cambridge Bancorp 3.08%
42 TMP Tompkins Financial Corporation 2.99%
43 ASRV AmeriServ Financial Inc. 2.98%
44 ACNB ACNB Corporation 2.95%
45 CVLY Codorus Valley Bancorp, Inc 2.93%
46 PFIS Peoples Financial Services Corp. 2.89%
47 ORRF Orrstown Financial Services Inc 2.86%
48 WVFC WVS Financial Corp. 2.80%
49 DCOM Dime Community Bancshares, Inc. 2.80%
50 PKBK Parke Bancorp, Inc. 2.71%
51 NBTB NBT Bancorp Inc. 2.71%
52 SAL Salisbury Bancorp, Inc. 2.71%
53 WNEB Western New England Bancorp, Inc. 2.70%
54 CHMG Chemung Financial Corp 2.70%
55 MRBK Meridian Corporation 2.66%
56 SIFI SI Financial Group, Inc. 2.65%
57 LSBG Lake Sunapee Bk Cmn 2.59%
58 CBU Community Bank System, Inc. 2.45%
59 EBTC Enterprise Bancorp Inc 2.41%
60 BWFG Bankwell Financial Group, Inc. 2.40%
61 INDB Independent Bank Corp. 2.36%
62 OBT Orange County Bancorp, Inc. /DE/ 2.30%
63 CNOB ConnectOne Bancorp, Inc. 2.23%
64 HNVR Hanover Bancorp, Inc. 1.94%
65 HONE HarborOne Bancorp, Inc. 1.93%
66 NECB Northeast Community Bancorp 1.90%
67 PBHC Pathfinder Bancorp, Inc. 1.89%
68 PBIP Prudential Bancorp, Inc. 1.85%
69 SBBX SB One Bancorp 1.84%
70 AMAL Amalgamated Financial Corp. 1.67%
71 EBSB Meridian Bancorp, Inc. 1.66%
72 BPFH Boston Private Financial Holdings, Inc. 1.63%
73 BHLB Berkshire Hills Bancorp, Inc. 1.62%
74 UNTY Unity Bancorp, Inc. 1.57%
75 CSBK Clifton Bancorp Inc. 1.54%
76 BNCL Beneficial Bancorp, Inc. 1.49%
77 HTBI HomeTrust Bancshares, Inc. 1.45%
78 FCCY 1st Constitution Bancorp (NJ) 1.44%
79 PCSB PCSB Financial Corporation 1.43%
80 TRCB Two River Bancorp 1.25%
81 RNDB Randolph Bancorp, Inc. 1.12%
82 SBNY Signature Bank 1.11%
83 PVBC Provident Bancorp, Inc. 1.07%
84 STL Sterling Bancorp 1.07%
85 WMPN William Penn Bancorporation 1.05%
86 GCBC Greene County Bancorp, Inc. 1.02%
87 MGYR Magyar Bancorp, Inc. 0.99%
88 ESQ Esquire Financial Holdings, Inc. 0.94%
89 HIFS Hingham Institution for Savings 0.81%
90 AF Astoria Financial Corporation 0.74%
91 CNBKA Century Bancorp, Inc. - 0.62%
92 PGC Peapack-Gladstone Financial Corporation 0.58%
93 SNBC Sun Bancorp, Inc. 0.16%
94 NBN Northeast Bank 0.10%
95 PNBK Patriot National Bancorp Inc. 0.00%
96 BLMT BSB Bancorp, Inc. 0.00%
97 MCB Metropolitan Bank Holding Corp. 0.00%
98 PBFS Pioneer Bancorp, Inc. 0.00%
99 SBT Sterling Bancorp, Inc. 0.00%
100 CLBK Columbia Financial, Inc. 0.00%
101 PDLB PDL Community Bancorp 0.00%
102 TSC TriState Capital Holdings, Inc. 0.00%
103 BKJ Bancorp of New Jersey, Inc 0.00%
104 CARV Carver Bancorp, Inc. 0.00%
105 PBBK PB Bankshares, Inc. 0.00%
106 FBNK First Connecticut Bancorp, Inc. 0.00%
107 BLFY Blue Foundry Bancorp 0.00%
108 CUBI Customers Bancorp, Inc 0.00%
109 FRBK Republic First Bancorp, Inc. 0.00%
110 STND Standard AVB Financial Corp. 0.00%

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