FISI Financial Institutions dividend history, payout ratio & dates
Financial Institutions's last cash dividend of $0.3 per share was issued to shareholders on record before Sep 13, 2024. The dividend payment stands at $1.2 per share annually, which equates to a dividend yield of 4.9%.
Key dates
- FISI last dividend date: Sep 13, 2024
FISI dividend stats
vs. Financial Services sector
Dividend yield
FISI has a dividend yield of 4.9% 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 2.78%, Financial Institutions's dividend yield is 76% higher. The historical 5-year average of FISI's dividend yield is 5.1%, which is in line with the current one.
Dividend history
Financial Institutions has been paying dividends for the last 25 years. According to our records FISI has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 0.8% for the last twelve months. However with the stock price up by 57% from a year ago, the dividend yield has decreased by 36%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 13, 2024 | $0.3 | 4.69% |
| Jun 14, 2024 | $0.3 | 7.02% |
| Mar 14, 2024 | $0.3 | 6.57% |
| Dec 13, 2023 | $0.3 | 5.8% |
| Sep 13, 2023 | $0.3 | 6.99% |
| Jun 14, 2023 | $0.3 | 7.07% |
| Mar 15, 2023 | $0.3 | 5.57% |
| Dec 15, 2022 | $0.29 | 4.85% |
| Sep 15, 2022 | $0.29 | 4.57% |
| Jun 16, 2022 | $0.29 | 4.35% |
| Mar 17, 2022 | $0.29 | 3.44% |
| Dec 16, 2021 | $0.27 | 3.38% |
| Sep 16, 2021 | $0.27 | 3.69% |
| Jun 17, 2021 | $0.27 | 3.38% |
| Mar 18, 2021 | $0.27 | 3.47% |
| Dec 18, 2020 | $0.26 | 4.8% |
| Sep 10, 2020 | $0.26 | 6.16% |
| Jun 11, 2020 | $0.26 | 5.93% |
| Mar 18, 2020 | $0.26 | 7.07% |
| Dec 12, 2019 | $0.25 | 3.06% |
| Sep 12, 2019 | $0.25 | 3.22% |
| Jun 13, 2019 | $0.25 | 3.56% |
| Mar 14, 2019 | $0.25 | 3.35% |
| Dec 12, 2018 | $0.24 | 3.53% |
| Sep 12, 2018 | $0.24 | 2.88% |
| Jun 13, 2018 | $0.24 | 2.78% |
| Mar 14, 2018 | $0.24 | 2.76% |
| Dec 13, 2017 | $0.22 | 2.62% |
| Sep 13, 2017 | $0.21 | 3.08% |
| Jun 12, 2017 | $0.21 | 2.72% |
| Mar 10, 2017 | $0.21 | 2.45% |
| Dec 8, 2016 | $0.21 | 2.43% |
| Sep 8, 2016 | $0.2 | 2.97% |
| Jun 9, 2016 | $0.2 | 2.88% |
| Mar 11, 2016 | $0.2 | 2.87% |
| Dec 8, 2015 | $0.2 | 3% |
| Sep 8, 2015 | $0.2 | 3.26% |
| Jun 9, 2015 | $0.2 | 3.33% |
| Mar 10, 2015 | $0.2 | 3.43% |
Financial Institutions dividend payout ratio
Payout ratio
FISI has a payout ratio of 36.9% 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 43.2%, Financial Institutions's payout ratio is 15% lower.
Total amount of dividends paid per financial year (from cash flow)
FISI dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| FLIC First Of Long Island Corp | 6.54% | $0.84 | 96.6% |
| FISI Financial Institutions Inc | 4.84% | $1.2 | 36.9% |
| AROW Arrow Financial Corp | 4.6% | $1.36 | 72% |
| EVBN Evans Bancorp Inc | 3.28% | $1.32 | 38% |
| CBU Community Bank System Inc | 2.92% | $1.81 | 57.8% |
| NBTB Nbt Bancorp Inc | 2.86% | $1.3 | 50% |
Frequently asked questions
Does Financial Institutions pay a dividend?
Yes, Financial Institutions has been paying dividends for the last 25 years.
When was FISI's last dividend?
Financial Institutions's last regular dividend was on Sep 13, 2024 (ex-date) with the amount of $0.3 per share.
How much dividend does Financial Institutions pay (per share)?
FISI has paid dividend of $1.2 per share in the last year.
What is Financial Institutions's dividend yield?
Currently Financial Institutions's dividend yield is 4.9%.
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 36.9%.
Does Financial Institutions pay a good dividend?
Financial Institutions's dividend yield is more than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.