Community Bank System Declares Quarterly Dividend of $0.27 (CBU)
Community Bank System (NYSE:CBU) declared a quarterly dividend on Monday, February 25th. Shareholders of record on Friday, March 15th will be given a dividend of $0.27 per share on Wednesday, April 10th. This represents a $1.08 dividend on an annualized basis and a yield of 3.73%.
CBU has been the subject of a number of recent research reports. Analysts at Keefe, Bruyette & Woods initiated coverage on shares of Community Bank System in a research note to investors on Wednesday, February 20th. They set a “market perform” rating on the stock. Analysts at RBC Capital cut their price target on shares of Community Bank System from $30.00 to $29.00 in a research note to investors on Tuesday, January 15th. They now have a “sector perform” rating on the stock.
Community Bank System (CBU) traded down 0.07% on Monday, hitting $28.97. Community Bank System (CBU) has a 52-week low of $25.38 and a 52-week high of $29.50. The stock’s 50-day moving average is currently $28.57. The company has a market cap of $1.148 billion and a price-to-earnings ratio of 15.02.
Community Bank System, Inc., incorporated on April 15, 1983, is a single bank holding company which wholly owns five subsidiaries: Community Bank, N.
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