Community Bank System (CBU) Declares $0.32 Quarterly Dividend; 2.4% Yield

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Go back to Community Bank System (CBU) Declares $0.32 Quarterly Dividend; 2.4% Yield

Community Bank System, Inc. Declares Dividend and Announces Results of 2017 Annual Meeting

May 18, 2017 5:12 PM EDT

SYRACUSE, N.Y.--(BUSINESS WIRE)-- Community Bank System, Inc. (NYSE: CBU) announced that it has declared a quarterly cash dividend of $0.32 per share on its common stock. The dividend will be payable on July 10, 2017 to shareholders of record as of June 15, 2017. The $0.32 cash dividend represents an annualized yield of 2.36% based on the closing share price of $54.18 on May 17, 2017.

The Company also announced that the Shareholders voted in line with the Board of Directors recommendations on all proposals and elected the four directors standing for re-election at its Annual Shareholders Meeting on May... More