Orange County Bancorp, Inc. — Form 8-K Summary
Business Context and Reporting Period
Orange County Bancorp, Inc., the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., filed a Form 8-K dated May 16, 2024 under Item 8.01, Other Events. The company’s common stock trades on Nasdaq under the symbol OBT.
Material Event and Key Financial Information
The board of directors declared a cash dividend of $0.23 per common share.
| Item | Details |
|---|---|
| Declaration date | May 16, 2024 |
| Record date | June 4, 2024 |
| Payment date | June 14, 2024 |
| Dividend amount | $0.23 per share |
The filing does not provide revenue, net income, earnings per share, cash flow, margins, debt, liquidity, capital ratios, or other operating metrics.
Changes, Outlook, Risks, and Unusual Items
- The filing announces the cash dividend but does not disclose a change in dividend policy or compare the dividend with a prior period.
- No management guidance, financial outlook, contingencies, risk updates, or unusual operating items are provided.
- No financial statements or pro forma financial information were included.
Investor Verification Items
- Verify shareholder eligibility as of the June 4, 2024 record date.
- Verify receipt of the $0.23-per-share dividend on June 14, 2024.
- Review Exhibit 99.1, the related May 16, 2024 press release, for any additional dividend commentary.
- Consult the company’s periodic financial filings for profitability, liquidity, capital, credit quality, and dividend sustainability information.