{"id":384457,"date":"2020-11-18T16:18:23","date_gmt":"2020-11-18T21:18:23","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=384457"},"modified":"2020-11-18T16:18:23","modified_gmt":"2020-11-18T21:18:23","slug":"community-bank-system-inc-announces-quarterly-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/community-bank-system-inc-announces-quarterly-dividend\/","title":{"rendered":"Community Bank System, Inc. Announces Quarterly Dividend"},"content":{"rendered":"

<\/p>\n

Community Bank System, Inc. Announces Quarterly Dividend<\/b><\/p>\n

SYRACUSE, N.Y.–(BUSINESS WIRE<\/a>)–
\nCommunity Bank System, Inc. (NYSE: CBU) (the \u201cCompany\u201d) announced that it has declared a quarterly cash dividend of $0.42 per share on its common stock. The dividend will be payable on January 11, 2021 to shareholders of record as of December 14, 2020. The $0.42 cash dividend represents an annualized yield of 2.54% based on the closing share price of $66.07 on November 17, 2020.\n<\/p>\n

\nCommunity Bank System, Inc. operates more than 230 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont, and Western Massachusetts through its banking subsidiary, Community Bank, N.A. With assets of over $13.8 billion, the DeWitt, N.Y. headquartered company is among the country\u2019s 125 largest banking institutions. In addition to a full range of retail, business, and municipal banking services, the Company offers comprehensive financial planning, insurance and wealth management services through its Community Bank Wealth Management Group and OneGroup NY, Inc. operating units. The Company\u2019s Benefit Plans Administrative Services, Inc. subsidiary is a leading provider of employee benefits administration, trust services, collective investment fund administration and actuarial consulting services to customers on a national scale. Community Bank System, Inc. is listed on the New York Stock Exchange and the Company\u2019s stock trades under the symbol CBU. For more information about Community Bank visit www.cbna.com<\/a> or https:\/\/ir.communitybanksystem.com<\/a>.\n<\/p>\n

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The following factors, among others, could cause the actual results of CBU\u2019s operations to differ materially from CBU\u2019s expectations: the successful integration of operations of its acquisitions; competition; changes in economic conditions, interest rates and financial markets; and changes in legislation or regulatory requirements. These statements are based on the current beliefs and expectations of CBU\u2019s management and CBU does not assume any duty to update forward-looking statements.<\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201118005988\/en\/<\/a><\/span><\/p>\n

\nJoseph E. Sutaris, EVP & Chief Financial Officer
\n
Office: (315) 445-7396\n<\/p>\n

KEYWORDS:<\/b> New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Banking Other Professional Services Professional Services Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
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Community Bank System, Inc. Announces Quarterly Dividend SYRACUSE, N.Y.–(BUSINESS WIRE)– Community Bank System, Inc. (NYSE: CBU) (the \u201cCompany\u201d) announced that it has declared a quarterly cash dividend of $0.42 per share on its common stock. The dividend will be payable on January 11, 2021 to shareholders of record as of December 14, 2020. The $0.42 cash dividend represents an annualized yield of 2.54% based on the closing share price of $66.07 on November 17, 2020. Community Bank System, Inc. operates more than 230 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont, and Western Massachusetts through its banking subsidiary, Community Bank, N.A. With assets of over $13.8 billion, the DeWitt, N.Y. headquartered company is among the country\u2019s 125 largest banking … <\/p>\n

Continue reading “Community Bank System, Inc. Announces Quarterly Dividend”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-384457","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCommunity Bank System, Inc. Announces Quarterly Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/community-bank-system-inc-announces-quarterly-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Community Bank System, Inc. 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