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Stock impact report

Here's What We Like About Orange County Bancorp's (NASDAQ:OBT) Upcoming Dividend [Yahoo! Finance]

Orange County Bancorp, Inc. (OBT) 
Company Research Source: Yahoo! Finance
NASDAQ:OBT ) is about to trade ex-dividend in the next 4 days. The ex-dividend date is one business day before a company's record date, which is the date on which the company determines which shareholders are entitled to receive a dividend. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. Meaning, you will need to purchase Orange County Bancorp's shares before the 4th of December to receive the dividend, which will be paid on the 16th of December. The company's next dividend payment will be US$0.25 per share. Last year, in total, the company distributed US$0.92 to shareholders. Looking at the last 12 months of distributions, Orange County Bancorp has a trailing yield of approximately 1.6% on its current stock price of US$59.05. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. As a result, readers should Show less Read more
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