TrustCo Bank Corp NY Declares Quarterly Dividend Increase to $0.40

What Happened TrustCo Bank Corp NY (TRST) announced on August 18, 2026 that its Board of Directors declared a quarterly cash dividend of $0.40 per share, equal to $1.60 on an annualized basis. The dividend represents a 5.3% increase over the prior quarterly dividend. The dividend will be payable on October 1, 2026 to shareholders of record at the close of business on September 4, 2026. The announcement was made via a press release attached to the company’s Form 8-K.

Key Details

• Declared quarterly cash dividend: $0.40 per share
• Annualized dividend: $1.60 per share
• Increase vs. prior dividend: 5.3%
• Record date: September 4, 2026; Payment date: October 1, 2026
• Filing date / press release: August 18, 2026 (Exhibit 99(a) to the 8-K)

Why It Matters A higher quarterly dividend is a direct return of capital to shareholders and may be of interest to income-focused investors. The 5.3% increase signals the Board’s decision to raise the cash payout, but the filing does not include other financial results or commentary on the company’s broader capital strategy. Investors tracking dividend income, upcoming record/payment dates, or changes in payout policy should note these specific dates and the increased per-share amount.