Community Bank System (CBU) Declares $0.43 Quarterly Dividend; 2.7% Yield

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

May 18, 2022 5:30 PM EDT

SYRACUSE, N.Y.--(BUSINESS WIRE)-- Community Bank System, Inc. (NYSE: CBU) (the Company) announced that it has declared a quarterly cash dividend of $0.43 per share on its common stock. The dividend will be payable on July 11, 2022 to Shareholders of record as of June 15, 2022. The $0.43 cash dividend represents an annualized yield of 2.68% based on the closing share price of $64.23 on May 17, 2022.

The Company also announced that the Shareholders voted in line with the Board of Directors recommendations on all proposals at its Annual Shareholders Meeting on May 18, 2022 and elected all thirteen (13) of the... More