Financial Institutions's last quarterly cash dividend of $0.3 per share was issued to shareholders on record before Mar 15, 2023. The dividend payment stands at $1.17 per share annually, which equates to a dividend yield of 7.41%. The latest FISI dividend of $0.3 is an increase from the previous $0.29 payout, representing a growth of 3.4%.
FISI has a dividend yield of 7.41% 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 3.86%, Financial Institutions's dividend yield is 92% higher. The historical 5-year average of FISI's dividend yield is 4.2%, which is less than the current one.
Financial Institutions has been paying dividends for the last 24 years. According to our records FISI has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 6% for the last twelve months. And with the stock price down by 43% from a year ago, the dividend yield has increased by 87%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Mar 15, 2023 | Apr 3, 2023 | Feb 17, 2023 | $0.3 | normal |
Dec 15, 2022 | Jan 3, 2023 | Nov 21, 2022 | $0.29 | normal |
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 |
FISI has a payout ratio of 34.4% which is higher than the Financial Services sector and the industry average but lower than its peers average. If we compare it with the Financial Services sector average of 32.1%, Financial Institutions's payout ratio is 7% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
FLIC First Of Long Island Corp | 7.42% | $0.83 | 45.6% |
FISI Financial Institutions Inc | 7.09% | $1.17 | 34.4% |
AROW Arrow Financial Corp | 5.35% | $1.07 | 37.6% |
EVBN Evans Bancorp Inc | 5.31% | $1.3 | 30.4% |
CBU Community Bank System Inc | 3.3% | $1.75 | 64.3% |
NBTB Nbt Bancorp Inc | 3.27% | $1.2 | 35.2% |
Yes, Financial Institutions has been paying dividends for the last 24 years.
FISI has announced its next dividend with ex-date Jun 14, 2023.
Financial Institutions's last regular dividend was on Mar 15, 2023 (ex-date) with the amount of $0.3 per share.
FISI has paid dividend of $1.17 per share in the last year.
Currently Financial Institutions's dividend yield is 7.41%.
Financial Institutions has a quarterly dividend frequency.
The dividend payout ratio of Financial Institutions is 34.4%.
Financial Institutions's dividend yield is more than the Financial Services sector average.