Table of Contents

company-logo

Generations Bancorp NY, Inc. operates as a holding company for Generations Bank that provides various banking products and services. The company accepts various deposit accounts, including demand, NOW, money market, savings, and certificates of deposit accounts. It also provides one- to four-family residential real estate, commercial real estate and multi-family, consumer business, manufactured home, automobile, student, recreational vehicle, construction, and other consumer loans, as well as home equity loans and lines of credit. In addition, it invests in securities, including corporate and municipal bonds issued by states, local municipalities, and schools in the northeastern United States; and mortgage-backed securities issued by the U.S. government sponsored entities and Federal Home Loan Bank stock, as well as offers insurance and other financial products. It operates through primary office in Seneca Falls, New York; and eight full-service branch offices and one drive-through facility located in Auburn, Farmington, Geneva, Medina, Phelps, Union Springs, and Waterloo, New York. The company was founded in 1870 and is headquartered in Seneca Falls, New York.

Generations Bancorp NY Dividend Announcement

• Generations Bancorp NY announced a annually dividend of $0.10 per ordinary share which will be made payable on 2012-03-05. Ex dividend date: 2012-02-15
• Generations Bancorp NY's trailing twelve-month (TTM) dividend yield is -%

Generations Bancorp NY Dividend History

Ex-Div dateDividend amountDividend typePay date
2012-02-15$0.10annually2012-03-05

Generations Bancorp NY Dividend per year

Generations Bancorp NY Dividend Yield

Generations Bancorp NY current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Generations Bancorp NY stock? Use our calculator to estimate your expected dividend yield:

Generations Bancorp NY Financial Ratios

P/E ratio-12.21
PEG ratio0.07
P/B ratio0.91
ROE-7.26%
Payout ratio0.00%
Current ratio0.30
Quick ratio7.51
Cash Ratio0.26

Generations Bancorp NY Dividend FAQ

Does Generations Bancorp NY stock pay dividends?
Generations Bancorp NY does not currently pay dividends to its shareholders.
Has Generations Bancorp NY ever paid a dividend?
No, Generations Bancorp NY has no a history of paying dividends to its shareholders. Generations Bancorp NY is not known for its dividend payments.
Why doesn't Generations Bancorp NY pay dividends?
There are several potential reasons why Generations Bancorp NY would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Generations Bancorp NY ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Generations Bancorp NY has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Generations Bancorp NY a dividend aristocrat?
Generations Bancorp NY is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Generations Bancorp NY a dividend king?
Generations Bancorp NY is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Generations Bancorp NY a dividend stock?
No, Generations Bancorp NY is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Generations Bancorp NY stocks?
To buy Generations Bancorp NY you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Generations Bancorp NY stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.