NBT Bancorp shares are trading higher after the company reported better-than-expected Q2 sales results and increased its quarterly dividend from $0.32 to $0.34 per share.
Portfolio Pulse from Benzinga Newsdesk
NBT Bancorp shares are trading higher following the company's better-than-expected Q2 sales results and an increase in its quarterly dividend from $0.32 to $0.34 per share.
July 23, 2024 | 3:24 pm
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NBT Bancorp shares are trading higher after the company reported better-than-expected Q2 sales results and increased its quarterly dividend from $0.32 to $0.34 per share.
The better-than-expected Q2 sales results indicate strong financial performance, which is likely to boost investor confidence. Additionally, the increase in the quarterly dividend signals the company's commitment to returning value to shareholders, further supporting a positive short-term price movement.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100