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Pioneer Bancorp, Inc. operates as a holding company for Pioneer Savings Bank that provides various banking products and services in New York. The company accepts various deposit products, such as demand, savings, and money market accounts, as well as certificates of deposit accounts. Its loan products include commercial real estate, commercial and industrial, commercial construction, one- to four-family residential real estate, home equity, and consumer loans; and home equity lines of credit. The company also invests in the U.S. governmental securities, fixed rate collateralized mortgage obligations, mortgage-backed securities, fixed-rate investment grade bonds, and equity securities. In addition, the company offers personal and commercial insurance products, including homeowners, automobile, and comprehensive business insurance; employee benefit products and services, such as group health, dental, disability, and life insurance products, as well as defined contribution, defined benefit administration, and human resource management services; and wealth management services comprising investment advice, retirement income planning, estate planning, business succession, and employer retirement planning. It operates through a network of 22 retail banking offices in Albany, Greene, Rensselaer, Saratoga, Schenectady, and Warren Counties in New York. The company was founded in 1889 and is based in Albany, New York. Pioneer Bancorp, Inc. operates as a subsidiary of Pioneer Bancorp, MHC.

Pioneer Bancorp Dividend Announcement

• Pioneer Bancorp does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Pioneer Bancorp dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Pioneer Bancorp Dividend History

Pioneer Bancorp Dividend Yield

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

Pioneer Bancorp Financial Ratios

P/E ratio15.66
PEG ratio-1.50
P/B ratio0.96
ROE6.36%
Payout ratio0.00%
Current ratio0.33
Quick ratio0.46
Cash Ratio0.12

Pioneer Bancorp Dividend FAQ

Does Pioneer Bancorp stock pay dividends?
Pioneer Bancorp does not currently pay dividends to its shareholders.
Has Pioneer Bancorp ever paid a dividend?
No, Pioneer Bancorp has no a history of paying dividends to its shareholders. Pioneer Bancorp is not known for its dividend payments.
Why doesn't Pioneer Bancorp pay dividends?
There are several potential reasons why Pioneer Bancorp 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 Pioneer Bancorp 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 Pioneer Bancorp 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 Pioneer Bancorp a dividend aristocrat?
Pioneer Bancorp 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 Pioneer Bancorp a dividend king?
Pioneer Bancorp 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 Pioneer Bancorp a dividend stock?
No, Pioneer Bancorp 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 Pioneer Bancorp stocks?
To buy Pioneer Bancorp 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 Pioneer Bancorp 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.