Community Bank System, Inc. Announces Increase to Its Quarterly Dividend, Payable on October 10, 2023
July 19, 2023 at 04:30 pm EDT
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Community Bank System, Inc. announced that it has declared a quarterly cash dividend of $0.45 per share on its common stock. The dividend will be payable on October 10, 2023 to shareholders of record as of September 15, 2023.
Community Bank System, Inc. is a financial holding company. The Company operates as a diversified financial services enterprise providing an array of banking and other financial services to retail, commercial, institutional and municipal customers. It owns two subsidiaries: Community Bank, N.A. and Benefit Plans Administrative Services, Inc. (BPAS). Its segments include Banking, Employee Benefit Services and All Other. The Banking segment provides an array of lending and depository-related products and services to individuals, businesses and governmental units. The Banking segment provides treasury management solutions and payment processing services. Its Employee Benefit Services segment comprises BPAS and its subsidiaries, provides collective investment fund, retirement plan and health savings account administration, fund administration, transfer agency, actuarial, and health and welfare consulting services. The All Other segment comprises wealth management and insurance services.
COMMUNITY BANK SYSTEM, INC. 
