Community Bank System (CBU) Declares $0.44 Quarterly Dividend; 2.7% Yield

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Community Bank System, Inc. Announces Quarterly Dividend

November 16, 2022 5:15 PM EST

SYRACUSE, N.Y.--(BUSINESS WIRE)-- Community Bank System, Inc. (NYSE: CBU) (the Company) announced that it has declared a quarterly cash dividend of $0.44 per share on its common stock. The dividend will be payable on January 10, 2023 to shareholders of record as of December 15, 2022. The $0.44 cash dividend represents an annualized yield of 2.69% based on the closing share price of $65.38 on November 15, 2022.

Community Bank System, Inc. operates more than 210 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont, and Western Massachusetts through its banking subsidiary, Community Bank, N.A. With assets of over $15.5... More