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NBT Bancorp (NBTB) will raise its quarterly dividend by 4.5 percent to $0.23 per share in 2016. The new dividend will be paid on September 15, 2016 to shareholders of record on September 1, 2016.

NBT Bancorp Inc. is a financial holding company headquartered in Norwich, N.Y. The Company primarily operates through NBT Bank, N.A., a full-service community bank and through two financial services companies. NBT Bank, N.A. has banking locations in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire and Maine. EPIC Advisors, Inc., based in Rochester, N.Y., is a full-service 401(k) plan recordkeeping firm. NBT Insurance Agency, LLC, based in Norwich, N.Y., is a full-service insurance agency.