Financial Institutions Dividends and Buybacks
Dividend criteria checks 5/6
Financial Institutions is a dividend paying company with a current yield of 4.42% that is well covered by earnings. Next payment date is on 2nd January, 2025 with an ex-dividend date of 13th December, 2024.
Key information
4.4%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 4.5% |
| Future Dividend Yield | 4.6% |
| Dividend Growth | 6.8% |
| Next dividend pay date | 02 Jan 25 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | US$1.200 |
| Payout ratio | 37% |
Recent dividend and buyback updates
Recent updates
Financial Institutions: Good Dividend Yield; Room For Price Upside Despite The Recent Rally
Oct 31Financial Institutions Offers Some Additional Upside From Here
Aug 12Should Shareholders Reconsider Financial Institutions, Inc.'s (NASDAQ:FISI) CEO Compensation Package?
May 30
Financial Institutions (NASDAQ:FISI) Is Due To Pay A Dividend Of $0.30
May 26Financial Institutions: Dividend Yield Over 6%, High Potential Price Upside
May 13Financial Institutions (NASDAQ:FISI) Is Increasing Its Dividend To $0.30
Feb 24Financial Institutions Is Very Cheap, But Now Is Not The Right Time To Buy
Sep 23Financial Institutions declares $0.29 dividend
Aug 22Financial Institutions Q2 GAAP EPS, revenue beats
Jul 28Financial Institutions' (NASDAQ:FISI) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FISI's dividends per share have been stable in the past 10 years.
Growing Dividend: FISI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Financial Institutions Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FISI) | 4.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Banks) | 2.7% |
| Analyst forecast (FISI) (up to 3 years) | 4.6% |
Notable Dividend: FISI's dividend (4.42%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: FISI's dividend (4.42%) is low compared to the top 25% of dividend payers in the US market (4.5%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.4%), FISI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FISI's dividends in 3 years are forecast to be well covered by earnings (33.5% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:01 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Financial Institutions, Inc. is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Richard Weiss | Janney Montgomery Scott LLC |
| Damon DelMonte | Keefe, Bruyette, & Woods |
| Alexander Roberts Twerdahl | Piper Sandler Companies |