NBT Bancorp Inc., a financial holding company, provides commercial banking, retail banking, and wealth management services. Its deposit products include demand deposit, savings, negotiable order of withdrawal, money market deposit, and certificate of deposit accounts. The company's loan portfolio comprises commercial and industrial, commercial real estate, agricultural, and commercial construction loans; indirect and direct consumer, home equity, mortgages, business banking loans, and commercial loans; and residential real estate loans. It also provides trust and investment services; financial planning and life insurance services; and retirement plan consulting and recordkeeping services. In addition, the company offers insurance products comprising personal property and casualty, business liability, and commercial insurance, as well as other products and services through 24-hour online, mobile, and telephone channels that enable customers to check balances, make deposits, transfer funds, pay bills, access statements, apply for loans, and access various other products and services. As of December 31, 2021, it had 140 branches and 164 ATMs in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, Connecticut, and Maine. NBT Bancorp Inc. was founded in 1856 and is headquartered in Norwich, New York.
NBT Bancorp Dividend Announcement
• NBT Bancorp announced a quarterly dividend of $0.34 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-12-02
• NBT Bancorp annual dividend for 2024 was $1.32
• NBT Bancorp annual dividend for 2023 was $1.24
• NBT Bancorp's trailing twelve-month (TTM) dividend yield is 3.74%
• NBT Bancorp's payout ratio for the trailing twelve months (TTM) is 44.66%
• NBT Bancorp's dividend growth over the last five years (2018-2023) was 4.61% year
• NBT Bancorp's dividend growth over the last ten years (2013-2023) was 4.35% year
NBT Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-02 | $0.34 | quarterly | 2024-12-16 |
2024-08-30 | $0.34 | quarterly | 2024-09-13 |
2024-06-03 | $0.32 | quarterly | 2024-06-17 |
2024-02-29 | $0.32 | quarterly | 2024-03-15 |
2023-11-30 | $0.32 | quarterly | 2023-12-15 |
2023-08-31 | $0.32 | quarterly | 2023-09-15 |
2023-05-31 | $0.30 | quarterly | 2023-06-15 |
2023-02-28 | $0.30 | quarterly | 2023-03-15 |
2022-11-30 | $0.30 | quarterly | 2022-12-15 |
2022-08-31 | $0.30 | quarterly | 2022-09-15 |
2022-05-31 | $0.28 | quarterly | 2022-06-15 |
2022-02-28 | $0.28 | quarterly | 2022-03-15 |
2021-11-30 | $0.28 | quarterly | 2021-12-15 |
2021-08-31 | $0.28 | quarterly | 2021-09-15 |
2021-05-28 | $0.27 | quarterly | 2021-06-15 |
2021-02-26 | $0.27 | quarterly | 2021-03-15 |
2020-11-30 | $0.27 | quarterly | 2020-12-15 |
2020-08-31 | $0.27 | quarterly | 2020-09-15 |
2020-05-29 | $0.27 | quarterly | 2020-06-15 |
2020-02-27 | $0.27 | quarterly | 2020-03-13 |
2019-11-27 | $0.27 | quarterly | 2019-12-13 |
2019-08-29 | $0.26 | quarterly | 2019-09-13 |
2019-05-30 | $0.26 | quarterly | 2019-06-14 |
2019-02-28 | $0.26 | quarterly | 2019-03-15 |
2018-11-29 | $0.26 | quarterly | 2018-12-14 |
2018-08-30 | $0.25 | quarterly | 2018-09-14 |
2018-05-31 | $0.25 | quarterly | 2018-06-15 |
2018-02-28 | $0.23 | quarterly | 2018-03-15 |
2017-11-30 | $0.23 | quarterly | 2017-12-15 |
2017-08-30 | $0.23 | quarterly | 2017-09-15 |
2017-05-30 | $0.23 | quarterly | 2017-06-15 |
2017-02-27 | $0.23 | quarterly | 2017-03-15 |
2016-11-29 | $0.23 | quarterly | 2016-12-15 |
2016-08-30 | $0.23 | quarterly | 2016-09-15 |
2016-05-27 | $0.22 | quarterly | 2016-06-15 |
2016-02-26 | $0.22 | quarterly | 2016-03-15 |
2015-11-27 | $0.22 | quarterly | 2015-12-15 |
2015-08-28 | $0.22 | quarterly | 2015-09-15 |
2015-05-27 | $0.22 | quarterly | 2015-06-15 |
2015-02-25 | $0.21 | quarterly | 2015-03-13 |
2014-11-26 | $0.21 | quarterly | 2014-12-15 |
2014-08-27 | $0.21 | quarterly | 2014-09-15 |
2014-05-28 | $0.21 | quarterly | 2014-06-13 |
2014-02-26 | $0.21 | quarterly | 2014-03-14 |
2013-11-26 | $0.21 | quarterly | 2013-12-15 |
2013-08-28 | $0.20 | quarterly | 2013-09-15 |
2013-05-29 | $0.20 | quarterly | 2013-06-15 |
2013-02-27 | $0.20 | quarterly | 2013-03-15 |
NBT Bancorp Dividend per year
NBT Bancorp Dividend growth
NBT Bancorp Dividend Yield
NBT Bancorp current trailing twelve-month (TTM) dividend yield is 3.74%. Interested in purchasing NBT Bancorp stock? Use our calculator to estimate your expected dividend yield:
NBT Bancorp Financial Ratios
NBT Bancorp Dividend FAQ
Other factors to consider when evaluating NBT Bancorp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: NBT Bancorp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, NBT Bancorp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, NBT Bancorp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from NBT Bancorp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: NBT Bancorp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, NBT Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: NBT Bancorp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of NBT Bancorp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review NBT Bancorp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.