Community Bank System, Inc. (NYSE:CBU) will begin trading ex-dividend on September 14, 2020. The quarterly dividend payment of $ 0.42 per share is scheduled to be paid on October 9, 2020. The dividend yield based on the latest trading day closing price was 2.86 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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Community Bank System, Inc. recently reported second quarter financial results on July 27, 2020, before market open, banking and financial services provider posted income for the second quarter of $ 0.76 per share, from the revenue of $ 144.89 million. The quarterly earnings declined 5.00 percent while revenues boosted 0.53 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.60 per share from $ 147.63 million in revenue. The bottom line results beat street analysts by $ 0.16 or 26.67 percent, at the same time, top line results fell short of analysts by $ 2.74 million or 1.86 percent.
Stock Performance
Shares of Community Bank System, Inc. traded low $ -0.45 or -0.76 percent on Thursday, reaching $ 58.67 with volume of 226.10 thousand shares. Community Bank System, Inc. has traded high as $ 59.72 and has cracked $ 58.66 on the downward trend
According to the previous trading day, closing price of $ 58.67, representing a 25.76 % increase from the 52 week low of $ 47.01 and a 18.6 % decrease over the 52 week high of $ 72.63.
The company has a market capital of $ 3.12 billion and is part of the Financial Services sector and Banks – Regional – US industry.
Community Bank System, Inc. operates as the bank holding company for Community Bank, N.A. that provides various banking and other financial services to retail, commercial, and municipal customers.
