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Stock impact report

Financial Institutions, Inc. Announces Increase in Quarterly 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
WARSAW, N.Y., Feb. 28, 2019 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (the “Company”) (NASDAQ: FISI) announced today that its Board of Directors has approved a quarterly cash dividend of $0.25 per outstanding common share, which represents a 4.2% increase from the most recent quarterly cash dividend. 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, 2019, to shareholders of record on March 15, 2019. President and Chief Executive Officer Martin K. Birmingham stated, “We are pleased to announce the Board’s decision to increase the quarterly dividend to common shareholders. Today’s increase reflects confidence in the Company’s performance and outlook and reflects our commitment to increasing shareholder return.” About Financial Institutions, Inc. Financial Institutions, Inc. provides diversified financial services through its subsidiaries F Show less Read more
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