NBT Bancorp hikes dividend by 6.7% to $0.32 quarterly per share

On August 14, 2023, NBT Bancorp (NBTB) announced a 6.7% dividend hike to $0.32 quarterly per share. This marks 11 consecutive years of increased dividends by NBTB. At a stock price of $37.20 the dividend yield is 3.2%. This is the company’s eleventh consecutive year of annual dividend increases. The dividend will be paid on September 15, 2023 to shareholders of record on September 1, 2023.

NBT Bancorp is a financial holding company headquartered in Norwich, NY, with total assets of $11.89 billion at June 30, 2023. The Company primarily operates through NBT Bank, N.A., a full-service community bank, and through two financial services subsidiaries. NBT Bank, N.A. has banking locations in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, Maine and Connecticut. EPIC Retirement Plan Services is a national benefits administration firm. NBT Insurance Agency, LLC, is a full-service regional insurance agency.