Financial Institutions (FISI) Declares $0.26 Quarterly Dividend; 5.3% Yield

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Financial Institutions, Inc. Announces Quarterly Cash Dividend

May 27, 2020 4:05 PM EDT

WARSAW, N.Y., May 27, 2020 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the Company), parent company of Five Star Bank, SDN Insurance Agency, LLC (SDN), Courier Capital, LLC (Courier Capital) and HNP Capital, LLC (HNP Capital), announced today that its Board of Directors has approved a quarterly cash dividend of $0.26 per outstanding common share. The Company also announced dividends of $0.75 per share on its Series A 3% preferred stock and $2.12 per share on its Series B-1 8.48% preferred stock. All dividends are payable July 2, 2020, to shareholders of record on June 12, 2020.

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