Financial Institutions (FISI) Approves $0.15 Per Share Q3 Dividend
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Financial Institutions, Inc. (Nasdaq: FISI) declared a third quarter cash dividend of $0.15 per common share. This is consistent with the previous quarter dividend and $0.03 or 25% higher than the year-ago quarterly dividend. The Company also announced dividends of $0.75 per share on the Series A 3% Preferred Stock and $2.12 per share on the Series B-1 8.48% Preferred Stock. All dividends are payable on October 1, 2008 to shareholders of record on September 15, 2008.
Financial Institutions, Inc. (FII) is a bank holding company that provides deposit, lending and other financial services to individuals and businesses in Central and Western New York State. [SM]
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