Community Bank System (CBU) Declares $0.34 Quarterly Dividend; 2.2% Yield

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Go back to Community Bank System (CBU) Declares $0.34 Quarterly Dividend; 2.2% Yield

Community Bank System, Inc. Announces Quarterly Common Stock Dividend and Results of Annual Shareholders Meeting

May 17, 2018 5:15 PM EDT

SYRACUSE, N.Y.--(BUSINESS WIRE)-- Community Bank System, Inc. (NYSE: CBU) announced that it has declared a quarterly cash dividend of $0.34 per share on its common stock. The dividend will be payable on July 10, 2018 to shareholders of record as of June 15, 2018. The $0.34 cash dividend represents an annualized yield of 2.26% based on the closing share price of $60.21 on May 15, 2018.

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 16,... More