DeWITT — Community Bank System, Inc. (NYSE: CBU) has declared a quarterly cash dividend of 28 cents per share on its common stock.
The dividend will be payable on April 10 to shareholders of record as of March 14.
Community Bank also paid a dividend of 28 cents a share each of the last two quarters, after increasing the payment by one cent from the 27 cents it paid in each of the four prior quarters.
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How Does New York State’s Clean Slate Act Impact You?
On November 16, 2023, Governor Hochul signed into law the Clean Slate Act which automatically seals criminal records for certain crimes. The law (effective next year), provides that misdemeanors are
“They are family. They would never do that!” Our guard comes down as it is hard to imagine a family member capable of business fraud. Unfortunately, that is when the
The current dividend represents an annualized yield of nearly 3.2 percent, based on Community Bank’s current stock price.
DeWitt–based Community Bank System has more than $7 billion in assets and over 190 branch offices. Its banking subsidiary, Community Bank, N.A., operates across upstate New York and northeastern Pennsylvania. Its other subsidiaries include Benefit Plans Administrative Services, Inc., a national employee-benefits consulting and trust administration firm; the CBNA Insurance Agency, with offices in five northern New York communities; Community Investment Services, Inc., a wealth-management firm delivering financial products throughout Community Bank’s branch network; and Nottingham Advisors, an investment management and advisory firm.
Contact Rombel at arombel@cnybj.com
