ONEIDA, N.Y. — Oneida Financial Corp. (NASDAQ: ONFC) has announced a quarterly cash dividend of 12 cents a share on its common stock.
The dividend is payable to stockholders of record as of Jan. 6 and will be paid on Jan. 20, the Oneida–based banking and financial-services company said in a news release. The dividend amount is unchanged from last quarter.
At Oneida Financial’s current stock price, the dividend payment represents about a 3.7 percent annual yield. In comparison, the 10-year U.S. Treasury note is currently yielding just under 2.2 percent and the SPDR S&P Regional Banking ETF’s dividend is yielding about 1.55 percent, according to Yahoo Finance data
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Oneida Financial reported total assets of $787 million as of Sept. 30, up from $778 million on June 30.
The company’s wholly owned subsidiaries include Oneida Savings Bank, State Bank of Chittenango, OneGroup NY (formerly Bailey & Haskell Associates), and Oneida Wealth Management.
Oneida Savings Bank was started in 1866 and operates 12 branch offices in Madison and Oneida counties.
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