Financial Institutions (FISI) Declares $0.20 Quarterly Dividend; 2.9% Yield

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Financial Institutions, Inc. Announces Quarterly Dividend

May 18, 2016 4:05 PM EDT

WARSAW, N.Y., May 18, 2016 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (the Company) (NASDAQ: FISI) announced today that its Board of Directors has approved a quarterly cash dividend of $0.20 per outstanding common share.  The Company also announced dividends of $0.75 per share on Series A 3% preferred stock and $2.12 per share on series B-1 8.48% preferred stock.  All dividends are payable July 5, 2016 to shareholders of record as of June 13, 2016.

About Financial Institutions, Inc.

Financial Institutions, Inc. provides diversified financial services through its subsidiaries, Five Star Bank, Scott Danahy... More