Ex-Div Reminder for Trustco Bank (TRST)

Looking at the universe of stocks we cover at Dividend Channel, on 9/3/14, Trustco Bank Corp. ( TRST) will trade ex-dividend, for its quarterly dividend of $0.0656, payable on 10/1/14. As a percentage of TRST's recent stock price of $7.00, this dividend works out to approximately 0.94%, so look for shares of Trustco Bank Corp. to trade 0.94% lower — all else being equal — when TRST shares open for trading on 9/3/14.

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Below is a dividend history chart for TRST, showing historical dividends prior to the most recent $0.0656 declared by Trustco Bank Corp. :

TRST+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TRST is likely to continue, and whether the current estimated yield of 3.75% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TRST shares, versus its 200 day moving average:

Trustco Bank Corp.  200 Day Moving Average Chart

Looking at the chart above, TRST's low point in its 52 week range is $5.77 per share, with $7.67 as the 52 week high point — that compares with a last trade of $7.00.

According to the ETF Finder at ETF Channel, TRST makes up 2.19% of the First Trust RBA Quality Income ETF ( QINC) which is trading relatively unchanged on the day Tuesday.

In Tuesday trading, Trustco Bank Corp. shares are currently down about 0.2% on the day.

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