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M&T Bank to pay quarterly dividend of $1.20 per share on Sept. 30

M&T Bank Corporation (NYSE: MTB) recently announced that it has declared a quarterly cash dividend of $1.20 a share on its common stock.  The dividend will be payable on Sept. 30 to shareholders of record as of the close of business on Sept. 1. M&T Bank Corp. is a financial-holding company headquartered in Buffalo. Its

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Five Star Bank parent company to pay Q3 dividend in early October

WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 29 cents per common share outstanding. The banking company will pay the third-quarter dividend on Oct. 3, to shareholders of record on Sept. 16. It’s the same amount

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Lockheed Martin Owego wins nearly $504 million Navy order for helicopters for Australia

OWEGO, N.Y. — Lockheed Martin Corp.’s Owego plant has been awarded a $503.7 million U.S. Navy firm-fixed-price order against a previously issued basic ordering agreement. This order provides for the production and delivery of 12 MH-60R helicopters for the Commonwealth of Australia, according to an Aug. 29 contract announcement from the U.S. Department of Defense.

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Oneida County hotels see 3 percent dip in occupancy in July, first fall in almost 1 1/2 years

UTICA, N.Y. — Oneida County’s hotel-occupancy rate (rooms sold as a percentage of rooms available) fell 3 percent to 69.5 percent this July compared to the year-ago month, the first decline in this measure in 17 months. That’s according to a recent report from STR, a Tennessee–based hotel market data and analytics company. Despite the

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McFarland-Johnson expands with new offices, employees

BINGHAMTON, N.Y. — With just over three months before the year ends, McFarland-Johnson, Inc. has already logged record growth for 2022, increasing its staff by nearly a quarter and opening four new locations. “We’ve increased about 22 percent just since the beginning of the year,” company President Chad Nixon says of the Binghamton–based planning, engineering,

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Oswego mayor to join Oswego Health senior leadership team

OSWEGO — The senior leadership team at Oswego Health will soon include Oswego Mayor Billy Barlow, Jr. He is set to begin work as the organization’s VP of public affairs & system development on Monday, Sept. 19. Barlow is part of the group assembled by Michael Backus, Oswego Health COO who will become president and

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State Fairgrounds’ ag facilities to get $35M in upgrades

GEDDES, N.Y. — A $34.7 million project representing the fourth phase of improvements at the New York State Fairgrounds is underway in Geddes. The effort targets improvements to the agricultural facilities, Gov. Kathy Hochul announced Aug. 24 on opening day at the Fairgrounds. Hochul cut the ribbon at a ceremony celebrating the opening and full

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