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FISI Financial Institutions dividend history, payout ratio & dates

Financial Institutions's last quarterly cash dividend of $0.29 per share was issued to shareholders on record before Sep 15, 2022. The dividend payment stands at $1.14 per share annually, which equates to a dividend yield of 4.72%.

Key dates

  • FISI last dividend date: Sep 15, 2022
  • FISI next dividend date: Not announced
FISI dividend stats
DPS
$1.14
Dividend yield
4.73%
Payout ratio
27.1%
vs. Financial Services sector
Dividend yield
2.93%
Payout ratio
30.1%

Dividend yield

What is Financial Institutions current dividend yield

FISI has a dividend yield of 4.72% which is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.93%, Financial Institutions's dividend yield is 61% higher. The historical 5-year average of FISI's dividend yield is 3.9%, which is less than the current one.

Dividend history

What is FISI dividend payout history and dates

Financial Institutions has been paying dividends for the last 23 years. According to our records FISI has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 7% for the last twelve months. And with the stock price down by 23% from a year ago, the dividend yield has increased by 38%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Sep 15, 2022 Oct 3, 2022 Aug 22, 2022 $0.29 normal
Jun 16, 2022 Jul 5, 2022 May 25, 2022 $0.29 normal
Mar 17, 2022 Apr 4, 2022 Feb 17, 2022 $0.29 normal
Dec 16, 2021 Jan 3, 2022 Nov 19, 2021 $0.27 normal
Sep 16, 2021 Oct 4, 2021 Aug 24, 2021 $0.27 normal
Jun 17, 2021 Jul 2, 2021 May 26, 2021 $0.27 normal
Mar 18, 2021 Apr 2, 2021 Feb 25, 2021 $0.27 normal
Dec 18, 2020 Jan 4, 2021 Nov 25, 2020 $0.26 normal
Sep 10, 2020 Oct 2, 2020 Aug 25, 2020 $0.26 normal
Jun 11, 2020 Jul 2, 2020 May 27, 2020 $0.26 normal
Mar 18, 2020 Apr 2, 2020 Feb 27, 2020 $0.26 normal
Dec 12, 2019 Jan 2, 2020 Nov 26, 2019 $0.25 normal
Sep 12, 2019 Oct 2, 2019 Aug 20, 2019 $0.25 normal
Jun 13, 2019 Jul 2, 2019 May 22, 2019 $0.25 normal
Mar 14, 2019 Apr 2, 2019 Feb 27, 2019 $0.25 normal
Dec 12, 2018 Jan 2, 2019 Nov 20, 2018 $0.24 normal
Sep 12, 2018 Oct 2, 2018 Aug 22, 2018 $0.24 normal
Jun 13, 2018 Jul 2, 2018 May 23, 2018 $0.24 normal
Mar 14, 2018 Apr 2, 2018 Feb 28, 2018 $0.24 normal
Dec 13, 2017 Jan 2, 2018 Nov 15, 2017 $0.22 normal
Sep 13, 2017 Oct 2, 2017 Aug 23, 2017 $0.21 normal
Jun 12, 2017 Jul 3, 2017 May 24, 2017 $0.21 normal
Mar 10, 2017 Apr 3, 2017 Feb 22, 2017 $0.21 normal
Dec 8, 2016 Jan 3, 2017 Nov 2, 2016 $0.21 normal
Sep 8, 2016 Oct 3, 2016 Aug 24, 2016 $0.2 normal
Jun 9, 2016 Jul 5, 2016 May 18, 2016 $0.2 normal

Financial Institutions dividend payout ratio

What is Financial Institutions dividend payout ratio compared to the sector

Payout ratio

FISI has a payout ratio of 27.1% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 30.1%, Financial Institutions's payout ratio is 10% lower.

Total amount of dividends paid per financial year (from cash flow)

FISI dividend vs peer dividends

How does FISI dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
FISI Financial Institutions Inc 4.73% $1.14 27.1%
FLIC First Of Long Island Corp 4.63% $0.8 41.7%
AROW Arrow Financial Corp 3.62% $1.04 36%
EVBN Evans Bancorp Inc 3.42% $1.26 29.6%
NBTB Nbt Bancorp Inc 3% $1.14 32.5%
CBU Community Bank System Inc 2.88% $1.73 53.1%

Frequently asked questions

Does Financial Institutions pay a dividend?

Yes, Financial Institutions has been paying dividends for the last 23 years.

When is Financial Institutions's next dividend?

FISI hasn't announced its next dividend date yet, but if we take into consideration its recent dividend frequency, it is likely that its next dividend will be in December 2022.

When was FISI's last dividend?

Financial Institutions's last regular dividend was on Sep 15, 2022 (ex-date) with the amount of $0.29 per share.

How much dividend does Financial Institutions pay (per share)?

FISI has paid dividend of $1.14 per share in the last year.

What is Financial Institutions's dividend yield?

Currently Financial Institutions's dividend yield is 4.72%.

How often does Financial Institutions pay dividends?

Financial Institutions has a quarterly dividend frequency.

What is Financial Institutions's dividend payout ratio?

The dividend payout ratio of Financial Institutions is 27.1%.

Does Financial Institutions pay a good dividend?

Financial Institutions's dividend yield is more than the Financial Services sector average.