NORWICH — The board of directors of NBT Bancorp, Inc. (NASDAQ: NBTB), parent of NBT Bank, N.A., recently approved a first-quarter cash dividend of 34 cents per share. The new payment is an increase of 2 cents a share, or 6.3 percent, over the dividend of 32 cents that the banking and financial services company […]
NORWICH — The board of directors of NBT Bancorp, Inc. (NASDAQ: NBTB), parent of NBT Bank, N.A., recently approved a first-quarter cash dividend of 34 cents per share.
The new payment is an increase of 2 cents a share, or 6.3 percent, over the dividend of 32 cents that the banking and financial services company paid out in the first quarter of 2024. NBT will pay the new dividend on March 17, to shareholders of record as of March 3.
NBT also announced that it had repurchased 7,600 shares of its common stock during 2024 at an average price of $33.02 per share under its previously announced stock-buyback program.
NBT Bancorp is a financial holding company headquartered in Norwich, with total assets of nearly $13.8 billion, as of the end of 2024. NBT Bank is a full-service community bank with 155 branches in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, Maine, and Connecticut. The holding company also operates EPIC Retirement Plan Services, a Rochester–based national benefits administration firm, and NBT Insurance Agency, LLC, a full-service insurance agency located in Norwich.
