SYRACUSE — Alliance Financial Corp. (NASDAQ: ALNC), the holding company for Alliance Bank, N.A., has declared a quarterly dividend of 31 cents per common share. The dividend is payable on July 2 to shareholders of record on June 18.
The dividend of 31 cents a share is the same amount that Alliance Financial paid in each of the previous three quarters. At its current stock price, the company’s annual dividend yield is about 4 percent. Year to date, through May 30, Alliance shares have increased by about 1 percent in price.
Alliance Financial is an independent financial holding company with Alliance Bank as its principal subsidiary that provides retail and commercial banking, and investment-management services through 29 offices in Cortland, Madison, Oneida, Onondaga and Oswego counties. Alliance Financial also operates an investment-management administration center in Buffalo, and an equipment-lease financing company, called Alliance Leasing, Inc.
(Sponsored)
Cybersecurity in Today’s Remote Work Environment
The response to the COVID-19 pandemic demonstrated that remote work was viable for many companies. Today, remote and hybrid work models have become standard options for most professionals. While remote
Protecting your family business is more than financial and estate planning
By Lindsay Usherwood General Counsel I want to roll back the title of Ask the Expert because I don’t believe anyone can be an expert in family business. It is
Contact Rombel at arombel@cnybj.com
