DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) — parent company of Community Bank, N.A. — recently announced that it has declared a quarterly cash dividend of 45 cents a share on its common stock for the fourth quarter. The dividend will be payable on Jan. 10, to shareholders of record as of Dec. […]
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.
- Critical Central New York business news and analysis updated daily.
- Immediate access to all subscriber-only content on our website.
- Get a year's worth of the Print Edition of The Central New York Business Journal.
- Special Feature Publications such as the Book of Lists and Revitalize Greater Binghamton, Mohawk Valley, and Syracuse Magazines
Click here to purchase a paywall bypass link for this article.
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) — parent company of Community Bank, N.A. — recently announced that it has declared a quarterly cash dividend of 45 cents a share on its common stock for the fourth quarter.
The dividend will be payable on Jan. 10, to shareholders of record as of Dec. 15.
The quarterly payment corresponds to an annualized yield of about 4 percent, based on the banking company’s current stock price.
DeWitt–based Community Bank System is a diversified financial services company with total assets of $15.4 billion focused on four main business lines — banking, benefits administration, insurance services, and wealth management. Community Bank, N.A. is among the nation’s 100 biggest banking institutions and operates more than 200 branches across upstate New York, northeastern Pennsylvania, Vermont, and western Massachusetts.