Community Financial System Dividend
Dividend criteria checks 4/6
Community Financial System is a dividend paying company with a current yield of 3.01% that is well covered by earnings. Next payment date is on 10th October, 2024 with an ex-dividend date of 13th September, 2024.
Key information
3.0%
Dividend yield
58%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | 10 Oct 24 |
| Ex dividend date | 13 Sep 24 |
| Dividend per share | US$1.840 |
| Earnings per share | US$3.16 |
| Dividend yield forecast in 3Y | 3.0% |
Recent dividend updates
Recent updates
Community Financial System: A Solid Dividend Aristocrat, But Still Too Expensive
Aug 11Community Financial System's (NYSE:CBU) Dividend Will Be Increased To $0.46
Jul 22
Community Bank System: The Cost Of Total Deposits Remains Incredibly Low
Jan 28The Community Bank System, Inc. (NYSE:CBU) Yearly Results Are Out And Analysts Have Published New Forecasts
Jan 26Community Bank: Upgrading To Buy But Keeping Earnings Estimate Largely Unchanged
Sep 15Community Bank System's (NYSE:CBU) Dividend Will Be Increased To $0.45
Sep 07Community Bank System (NYSE:CBU) Is Increasing Its Dividend To $0.45
Aug 01Community Bank System declares $0.44 dividend
Feb 15Community Bank System Q4 2022 Earnings Preview
Jan 23Community Bank System Enjoys A Bright Top Line Outlook But Appears Fairly Valued
Nov 14Community Bank System Non-GAAP EPS of $0.94 beats by $0.02, revenue of $175.37M beats by $2.01M
Oct 24Community Bank System's (NYSE:CBU) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 11Community Bank's Earnings Will Likely Grow Next Year But Stock Appears Overvalued
Jul 30Community Bank System's (NYSE:CBU) Dividend Will Be Increased To $0.44
Jul 24Community Bank System raises quarterly dividend by 2.3%
Jul 20Should You Be Adding Community Bank System (NYSE:CBU) To Your Watchlist Today?
Feb 09Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CBU's dividends per share have been stable in the past 10 years.
Growing Dividend: CBU's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Community Financial System Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CBU) | 3.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 2.8% |
| Analyst forecast in 3 Years (CBU) | 3.0% |
Notable Dividend: CBU's dividend (3.01%) is higher than the bottom 25% of dividend payers in the US market (1.41%).
High Dividend: CBU's dividend (3.01%) is low compared to the top 25% of dividend payers in the US market (4.31%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.7%), CBU's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.