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. It operates through three segments: Banking, Employee Benefit Services, and All Other. The company offers various deposits products, such as checking, savings, and money market deposit accounts, as well as time deposits. It also provides loans, including consumer mortgages; general purpose commercial and industrial loans, and mortgages on commercial properties; paycheck protection program loans; installment loans that are originated through selected dealerships and are secured by automobiles, marine, and other recreational vehicles; personal installment loans and lines of credit for consumers; and home equity products. In addition, the company offers broker-dealer and investment advisory; cash management, investment, and treasury services; asset management; and employee benefit services, as well as operates as a full-service insurance agency that offers personal and commercial lines of insurance, and other risk management products and services. Further, it provides contribution plan administration, employee benefit trust, collective investment fund, retirement plan administration, fund administration, transfer agency, actuarial and benefit consulting, VEBA/HRA, and health and welfare consulting services. Additionally, the company offers wealth management, retirement planning, higher educational planning, fiduciary, risk management, trust, and personal financial planning services; and investment alternatives, including stocks, bonds, mutual funds, and advisory products, as well as master recordkeeping services. As of January 24, 2022, it operated approximately 215 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont, and Western Massachusetts. Community Bank System, Inc. was founded in 1866 and is headquartered in DeWitt, New York.
Community Bank System Dividend Announcement
• Community Bank System announced a quarterly dividend of $0.46 per ordinary share which will be made payable on 2025-01-10. Ex dividend date: 2024-12-13
• Community Bank System annual dividend for 2024 was $1.82
• Community Bank System annual dividend for 2023 was $1.78
• Community Bank System's trailing twelve-month (TTM) dividend yield is 3.73%
• Community Bank System's payout ratio for the trailing twelve months (TTM) is 57.41%
• Community Bank System's dividend growth over the last five years (2018-2023) was 4.33% year
• Community Bank System's dividend growth over the last ten years (2013-2023) was 4.93% year
Community Bank System Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-13 | $0.46 | quarterly | 2025-01-10 |
| 2024-09-13 | $0.46 | quarterly | 2024-10-10 |
| 2024-06-14 | $0.45 | quarterly | 2024-07-10 |
| 2024-03-14 | $0.45 | quarterly | 2024-04-10 |
| 2023-12-14 | $0.45 | quarterly | 2024-01-10 |
| 2023-09-14 | $0.45 | quarterly | 2023-10-10 |
| 2023-06-14 | $0.44 | quarterly | 2023-07-10 |
| 2023-03-14 | $0.44 | quarterly | 2023-04-10 |
| 2022-12-14 | $0.44 | quarterly | 2023-01-10 |
| 2022-09-14 | $0.44 | quarterly | 2022-10-10 |
| 2022-06-14 | $0.43 | quarterly | 2022-07-11 |
| 2022-03-14 | $0.43 | quarterly | 2022-04-11 |
| 2021-12-14 | $0.43 | quarterly | 2022-01-10 |
| 2021-09-14 | $0.43 | quarterly | 2021-10-08 |
| 2021-06-14 | $0.42 | quarterly | 2021-07-09 |
| 2021-03-12 | $0.42 | quarterly | 2021-04-09 |
| 2020-12-11 | $0.42 | quarterly | 2021-01-11 |
| 2020-09-14 | $0.42 | quarterly | 2020-10-09 |
| 2020-06-12 | $0.41 | quarterly | 2020-07-10 |
| 2020-03-13 | $0.41 | quarterly | 2020-04-09 |
| 2019-12-12 | $0.41 | quarterly | 2020-01-10 |
| 2019-09-13 | $0.41 | quarterly | 2019-10-10 |
| 2019-06-13 | $0.38 | quarterly | 2019-07-10 |
| 2019-03-14 | $0.38 | quarterly | 2019-04-10 |
| 2018-12-13 | $0.38 | quarterly | 2019-01-10 |
| 2018-09-13 | $0.38 | quarterly | 2018-10-10 |
| 2018-06-14 | $0.34 | quarterly | 2018-07-10 |
| 2018-03-14 | $0.34 | quarterly | 2018-04-10 |
| 2017-12-14 | $0.34 | quarterly | 2018-01-10 |
| 2017-09-14 | $0.34 | quarterly | 2017-10-10 |
| 2017-06-13 | $0.32 | quarterly | 2017-07-10 |
| 2017-03-13 | $0.32 | quarterly | 2017-04-10 |
| 2016-12-13 | $0.32 | quarterly | 2017-01-10 |
| 2016-09-13 | $0.32 | quarterly | 2016-10-10 |
| 2016-08-10 | $0.50 | quarterly | |
| 2016-06-13 | $0.31 | quarterly | 2016-07-11 |
| 2016-03-11 | $0.31 | quarterly | 2016-04-11 |
| 2015-12-11 | $0.31 | quarterly | 2016-01-11 |
| 2015-09-11 | $0.31 | quarterly | 2015-10-09 |
| 2015-06-11 | $0.30 | quarterly | 2015-07-10 |
| 2015-03-12 | $0.30 | quarterly | 2015-04-10 |
| 2014-12-11 | $0.30 | quarterly | 2015-01-09 |
| 2014-09-11 | $0.30 | quarterly | 2014-10-10 |
| 2014-06-12 | $0.28 | quarterly | 2014-07-10 |
| 2014-03-12 | $0.28 | quarterly | 2014-04-10 |
| 2013-12-12 | $0.28 | quarterly | 2014-01-10 |
| 2013-09-12 | $0.28 | quarterly | 2013-10-10 |
| 2013-06-12 | $0.27 | quarterly | 2013-07-10 |
| 2013-03-13 | $0.27 | quarterly | 2013-04-10 |
Community Bank System Dividend per year
Community Bank System Dividend growth
Community Bank System Dividend Yield
Community Bank System current trailing twelve-month (TTM) dividend yield is 3.73%. Interested in purchasing Community Bank System stock? Use our calculator to estimate your expected dividend yield:
Community Bank System Financial Ratios
P/E ratio19.33
PEG ratio0.19
P/B ratio1.80
ROE9.77%
Payout ratio57.41%
Current ratio0.09
Quick ratio0.09
Cash Ratio0.00
Community Bank System Dividend FAQ
How much is the next Community Bank System dividend?
Community Bank System's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Community Bank System dividend. The next Community Bank System dividend will be released in March, June, September, or December.
When is Community Bank System dividend paid?
Community Bank System pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Community Bank System pay?
The specific amount of Community Bank System dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Community Bank System's dividend history.
Does Community Bank System stock pay dividends?
Yes, Community Bank System does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Community Bank System's dividend history.
How much dividend does Community Bank System pay?
Community Bank System paid $1.82 in 2024, $1.78 in 2023, $1.74 in 2022, $1.7 in 2021, and $1.66 in 2020.
How often does Community Bank System pay dividends?
Community Bank System typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Community Bank System's dividend yield?
The current dividend yield for Community Bank System is 3.73%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Community Bank System's exact dividend yield.
When does Community Bank System go ex dividend?
Community Bank System's ex-dividend date for the latest dividend was on 2024-12-13. Community Bank System typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Community Bank System dividend paid?
Community Bank System pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Community Bank System increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Community Bank System will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Community Bank System dividend per share?
Community Bank System paid $1.82 per share in 2024 and $1.78 per share in 2023. The amount of dividend per share that Community Bank System pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Community Bank System a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Community Bank System a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Community Bank System a dividend stock?
Yes, Community Bank System is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Community Bank System a good dividend stock?
Whether Community Bank System is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Community Bank System has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Community Bank System as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Community Bank System as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Community Bank System pay dividends monthly?
Community Bank System typically pays dividends on a quarterly basis.
Does Community Bank System pay dividends quarterly?
Community Bank System currently pays dividends on a quarterly basis.
Has Community Bank System ever paid a dividend?
Yes, Community Bank System has a history of paying dividends to its shareholders. Community Bank System is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Community Bank System dividend stocks?
To buy Community Bank System you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Community Bank System stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Community Bank System stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Community Bank System pay dividends 2024?
Community Bank System pays dividends on a quarterly basis. 2024 dividend payments are in 2025-01-10. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Community Bank System increase its dividend in 2024?
Decisions regarding Community Bank System dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Community Bank System dividend overview you can look into the above table of dividend history.
How Community Bank System dividend works?
The Community Bank System dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Community Bank System's dividend process works:
1. Determination of Dividend: Community Bank System's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Community Bank System publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Community Bank System distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Community Bank System are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Community Bank System's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Community Bank System publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Community Bank System distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Community Bank System are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Community Bank System dividends paid?
Community Bank System dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Community Bank System sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Community Bank System distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Community Bank System declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Community Bank System sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Community Bank System distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Community Bank System declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Community Bank System pay dividends?
Community Bank System typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Community Bank System pay dividends?
The general pattern is that Community Bank System pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Community Bank System dividend safe?
The safety of Community Bank System's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Community Bank System's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Community Bank System's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Community Bank System's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Community Bank System's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.