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Community Bank System (Community Bank System) 3-Year Dividend Growth Rate

: 2.40% (As of Dec. 2023)
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Community Bank System's Dividends per Share for the three months ended in Dec. 2023 was $0.45.

The historical rank and industry rank for Community Bank System's 3-Year Dividend Growth Rate or its related term are showing as below:

CBU' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 2.4   Med: 6.1   Max: 14.5
Current: 2.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Community Bank System was 14.50% per year. The lowest was 2.40% per year. And the median was 6.10% per year.

CBU's 3-Year Dividend Growth Rate is ranked worse than
75% of 784 companies
in the Banks industry
Industry Median: 7.35 vs CBU: 2.40

During the past 12 months, Community Bank System's average Dividends Per Share Growth Rate was 2.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Community Bank System's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.56. As of today, Community Bank System's Dividend Yield % is 4.35%.

Good Sign:

Community Bank System Inc stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Banks - Regional subindustry, Community Bank System's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Community Bank System 3-Year Dividend Growth Rate Distribution

For the Banks industry and Financial Services sector, Community Bank System's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Community Bank System's 3-Year Dividend Growth Rate falls into.



Community Bank System 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Community Bank System  (NYSE:CBU) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Community Bank System's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.45/ 0.8
=0.56

During the past 13 years, the highest Dividend Payout Ratio of Community Bank System was 0.53. The lowest was 0.43. And the median was 0.48.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Community Bank System Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4502024-03-142024-03-152024-04-10Cash DividendquarterlyUSD:USD 1.000000
USD 0.4502023-12-142023-12-152024-01-10Cash DividendquarterlyUSD:USD 1.000000
USD 0.4502023-09-142023-09-152023-10-10Cash DividendquarterlyUSD:USD 1.000000
USD 0.4402023-06-142023-06-152023-07-10Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Community Bank System's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.79/41.53
=4.31 %

Current Share Price is $41.53.
Community Bank System's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.79.

During the past 13 years, the highest Dividend Yield of Community Bank System was 4.58%. The lowest was 2.01%. And the median was 2.69%.

Good Sign:

Community Bank System Inc stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Community Bank System 3-Year Dividend Growth Rate Related Terms>


Community Bank System (Community Bank System) Business Description

Traded in Other Exchanges
Address
5790 Widewaters Parkway, DeWitt, NY, USA, 13214-1883
Community Bank System Inc is a financial holding company. The company primarily operates through two wholly-owned subsidiaries: Community Bank, N.A. and Benefit Plans Administrative Services. Community Bank's business is operating a community bank providing a broad array of banking and financial services. These are offered chiefly to retail, commercial, and municipal customers in non-metropolitan markets, including small towns in upstate New York and Northeastern Pennsylvania. The company has historically relied on acquisitions to fuel growth, in addition to growing organically. A majority of its loan portfolio is tilted toward the consumer market on an installment, line of credit, or residential mortgage loan basis. The majority of the company's net revenue is net interest income.
Executives
Sally A Steele director
Jeffrey M Levy officer: President, Commercial Banking 52 SOUTH BROAD STREET, NORWICH NY 13815
Brian R Ace director
Dimitar Karaivanov officer: EVP Financial Serv & Corp Dev C/O COMMUNITY BANK SYSTEM, INC., 5790 WIDEWATERS PARKWAY, DEWITT NY 13214
Kerrie D. Macpherson director 5790 WIDEWATERS PARKWAY, C/O COMMUNITY BANK SYSTEM INC., DEWITT NY 13214
Mark J. Bolus director R.R. 1, BOX 412A, DALTON PA 18414
John F. Whipple director 1692 GOODRICH AVENUE, OLEAN NY 14760
Michael N Abdo officer: EVP and General Counsel 5790 WIDEWATERS PARKWAY, DEWITT NY 13214
Jeffrey J Knauss director 2438 EAST LAKE ROAD, SKANEATELES NY 13152
George J Getman officer: Executive VP & General Counsel 7856 CAHILL ROAD, MANLIUS NY 13104
Maureen A Gillan-myer officer: EVP, Chief Human Resources Off C/O HSBC NORTH AMERICA, 452 FIFTH AVENUE, NEW YORK NY 10018
John Parente director 478 SCHOOLHOUSE ROAD, TUNKHANNOCK PA 18657
Joseph Jonathon Lemchak officer: SVP, Chief Investment Officer 4482 YOUNG ROAD, SYRACUSE NY 13215
Eric Stickels director 182 MAIN STREET, ONEIDA NY 13421
Susan E Skerritt director 3200 NORTHLINE AVE, SUITE 360, GREENSBORO NC 27408