Orange County Bancorp, Inc. /DE/ 8-K
Research Summary
AI-generated summary
Orange County Bancorp Announces $0.18 Cash Dividend
What Happened
- Orange County Bancorp, Inc. (OBT) filed a Form 8-K on February 20, 2026 announcing a declaration of a cash dividend of $0.18 per share of common stock. The dividend is payable on March 16, 2026 to shareholders of record as of March 4, 2026. The company is the parent of Orange Bank & Trust Company and Orange Investment Advisors, Inc.
Key Details
- Declared dividend: $0.18 per common share.
- Record date: March 4, 2026.
- Payment date: March 16, 2026.
- Press release announcing the dividend is attached as Exhibit 99.1 to the Form 8-K.
Why It Matters
- A declared cash dividend provides direct cash return to shareholders and signals the board’s decision to distribute earnings rather than retain them. For income-focused investors, the $0.18 per-share payout and its timing are the primary takeaways. The filing is informational; no other material financial statements or pro forma information were reported in this 8-K.