Financial Institutions, Inc. Announces Quarterly Cash Dividend

Financial Institutions (NASDAQ: FISI) has declared its quarterly dividend payments.

(Neutral)

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Rhea-AI Summary

Financial Institutions (NASDAQ: FISI) has declared its quarterly dividend payments. The company announced a cash dividend of $0.30 per common share, $0.75 per share on Series A 3% preferred stock, and $2.12 per share on Series B-1 8.48% preferred stock. All dividends will be payable on January 2, 2025, to shareholders of record as of December 13, 2024. The company operates through its subsidiaries Five Star Bank and Courier Capital.

Positive

Consistent dividend payment indicates financial stability
Maintaining dividend levels across all share classes

Negative

None.

Argus Session date unavailable

+4.09% session move Open Argus

Details

News Market Reaction – FISI

The recorded move for FISI in the trading session of this news was +4.09%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

11/20/2024 - 04:05 PM EST

WARSAW, N.Y., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), parent company of Five Star Bank and Courier Capital, LLC, announced today that its Board of Directors has approved a quarterly cash dividend of $0.30 per outstanding common share.

The Company also announced dividends of $0.75 per share on its Series A 3% preferred stock and $2.12 per share on its Series B-1 8.48% preferred stock.

All dividends are payable January 2, 2025, to shareholders of record on December 13, 2024.

About Financial Institutions, Inc.
Financial Institutions, Inc. (NASDAQ: FISI) is an innovative financial holding company with approximately $6.2 billion in assets offering banking and wealth management products and services. Its Five Star Bank subsidiary provides consumer and commercial banking and lending services to individuals, municipalities and businesses through banking locations spanning Western and Central New York and a commercial loan production office serving the Mid-Atlantic region. Courier Capital, LLC offers customized investment management, financial planning and consulting services to individuals and families, businesses, institutions, non-profits and retirement plans. Learn more at Five-StarBank.com and FISI-Investors.com.

For additional information contact:
Kate Croft
Director of Investor and External Relations
(716) 817-5159
klcroft@five-starbank.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Financial Institutions (FISI) quarterly dividend amount for Q4 2024?

Financial Institutions (FISI) declared a quarterly cash dividend of $0.30 per common share for Q4 2024.

When is the dividend payment date for FISI's Q4 2024 dividend?

The dividend payment date is January 2, 2025, for shareholders of record as of December 13, 2024.

What are FISI's preferred stock dividend amounts for Q4 2024?

FISI declared dividends of $0.75 per share on Series A 3% preferred stock and $2.12 per share on Series B-1 8.48% preferred stock.

What is the record date for FISI's Q4 2024 dividend?

The record date for FISI's Q4 2024 dividend is December 13, 2024.

Keep reading

More on FISI

All FISI news

Trending in the feed

LWLG

Lightwave Logic, Inc. Electro-Optic Polymer Technology Integrated into Hon Hai Technology Group (Foxconn) Optical Transceiver Demonstrated at Hon Hai Tech Day Open the live feed