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Stock impact report

Financial Institutions, Inc. Announces Increase in Common Stock Dividend

Financial Institutions, Inc. (FISI) 
Last financial institutions, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/1016825
Company Research Source: GlobeNewswire
Quarterly Dividend Increased 4% to $0.26 per share10th Consecutive Annual Increase  WARSAW, N.Y., Feb. 27, 2020 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ:FISI) (the “Company”), parent company of Five Star Bank, SDN Insurance Agency, LLC (“SDN”), Courier Capital, LLC (“Courier Capital”) and HNP Capital, LLC (“HNP Capital”), announced today that its Board of Directors has approved a quarterly cash dividend of $0.26 per outstanding common share – an increase of 4% from the most recent quarterly cash dividend – and the equivalent of $1.04 annually. The Company also announced dividends of $0.75 per share on its Series A 3% preferred stock and $2.12 per share on its Series B-1 8.48% preferred stock. All dividends are payable April 2, 2020, to shareholders of record on March 19, 2020. President and Chief Executive Officer Martin K. Birmingham stated, “Today’s announcement represents our 10th consecutive year of dividend growth. The dividend increase reflects continued conf Show less Read more
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