dividend
confidence high
sentiment positive
materiality 0.50
FISI raises quarterly common dividend 3.3% to $0.31 per share, payable April 2, 2025
FINANCIAL INSTITUTIONS INC
- Common dividend increased to $0.31 from $0.30 per share, a 3.3% increase.
- Annualized yield of 4.4% based on $28.00 closing price on Feb 12, 2025.
- Series A preferred dividend of $0.75/share and Series B-1 preferred dividend of $2.12/share declared.
- All dividends payable April 2, 2025 to holders of record March 14, 2025.
- CEO cites Board confidence in long-term sustainable growth strategy.