Oneida Financial declares dividend of 12 cents a share

ONEIDA — Oneida Financial Corp. (NASDAQ: ONFC), parent of Oneida Savings Bank, has declared a quarterly cash dividend of 12 cents per share of the company’s common stock.

The dividend is payable to stockholders of record as of Jan. 7 and will be paid on Jan. 21.

Based on Monday’s closing price of $12.75, the dividend yield equals nearly 3.8 percent.

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Oneida Financial reported total assets of $713.5 million as of Sept. 30, 2013.

In addition to Oneida Savings Bank, the company’s wholly owned subsidiaries include the State Bank of Chittenango, Bailey Haskell & LaLonde Agency, Benefit Consulting Group, Workplace Health Solutions, and Oneida Wealth Management.

Oneida Savings Bank was started in 1866 and operates 11 branches in Madison and Oneida counties.

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Adam Rombel: