- Community Financial System, Inc. (CBU, Financial) announces a 2.2% increase in its quarterly dividend to $0.47 per share.
- This marks the 33rd consecutive year of dividend increases for the company.
- The dividend will be payable on October 10, 2025, with a record date of September 12, 2025.
Community Financial System, Inc. (CBU), a diversified financial services company, has declared an increase in its quarterly cash dividend to $0.47 per share on its common stock. This 2.2% rise equates to a $0.01 increase per share and represents an annualized yield of 3.33%, based on the closing share price of $56.40 on July 15, 2025.
The dividend will be payable on October 10, 2025, to shareholders of record as of September 12, 2025. This announcement continues the company's longstanding tradition of providing a consecutive annual increase in dividends, now marking its 33rd year.
Dimitar Karaivanov, President and Chief Executive Officer, stated, "Today’s increase reflects the Board of Directors’ confidence in our sustainable long-term growth strategy as a diversified financial services company." The commitment to consistent dividend growth is underpinned by a strong balance sheet and consistent cash flow, facilitating shareholder returns while enabling future investments.
Community Financial System, Inc. is a key player in the financial services industry, with notable subsidiaries including Community Bank, N.A., one of the nation's 100 largest banking institutions, and OneGroup NY, Inc., ranked among the top 66 U.S. insurance agencies. The company operates across several U.S. states, offering comprehensive banking, employee benefits, insurance, and wealth management services.
