DeWITT, N.Y. — Community Financial System, Inc. (NYSE: CBU) announced that it has declared a quarterly cash dividend of 46 cents per share on its common stock for the second quarter of this year. It will pay the dividend on July 10, to shareholders of record as of June 13. The payment yields about 3.5 […]
DeWITT, N.Y. — Community Financial System, Inc. (NYSE: CBU) announced that it has declared a quarterly cash dividend of 46 cents per share on its common stock for the second quarter of this year.
It will pay the dividend on July 10, to shareholders of record as of June 13. The payment yields about 3.5 percent on an annual basis, based on Community’s current stock price.
DeWitt–based Community Financial System is a diversified financial-services company that is focused on four main business lines — banking services, employee-benefit services, insurance services, and wealth-management services. Its banking subsidiary — Community Bank, N.A. — is among the nation’s 100 largest banks with more than $16 billion in assets and operates about 200 branches across upstate New York, northeastern Pennsylvania, Vermont, and western Massachusetts.
