Categories: Banks & Credit UnionsInsurance & Financial ServicesSubscriber Only

Community Bank System to pay dividend of 43 cents per share in April

The Community Bank branch office in the town of DeWitt. (Adam Rombel / CNYBJ)

DeWITT, N.Y.— Community Bank System, Inc. (NYSE: CBU) recently announced that it has declared a quarterly cash dividend of 43 cents a share on its common stock. The dividend will be payable on April 11 to shareholders of record as of March 15. The quarterly payment represents an annualized yield of about 2.35 percent, based […]

Already an Subcriber? Log in

Get Instant Access to This Article

Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.

Learn More and Become a Subscriber

DeWITT, N.Y.— Community Bank System, Inc. (NYSE: CBU) recently announced that it has declared a quarterly cash dividend of 43 cents a share on its common stock.

The dividend will be payable on April 11 to shareholders of record as of March 15.

The quarterly payment represents an annualized yield of about 2.35 percent, based on Community Bank’s current stock price.

DeWitt–based Community Bank System operates more than 215 branches across upstate New York, northeastern Pennsylvania, Vermont, and western Massachusetts through its banking subsidiary, Community Bank, N.A. With assets of more than $15.5 billion, the banking company is among the nation’s 125 largest financial institutions. The company also provides financial planning, insurance, and wealth-management services through its Community Bank Wealth Management Group and OneGroup NY, Inc. operating units.

Jornal Staff