Financial Institutions, Inc. Announces Quarterly Cash Dividend
February 23 2017 - 4:05PM
Financial Institutions, Inc. (the “Company”) (NASDAQ:FISI)
announced today that its Board of Directors has approved a
quarterly cash dividend of $0.21 per outstanding common share. The
Company also announced dividends of $0.75 per share on its Series A
3% preferred stock and $2.12 per share on its Series B-1 8.48%
preferred stock. All dividends are payable April 3, 2017, to
shareholders of record on March 14, 2017.
About Financial Institutions,
Inc.
Financial Institutions, Inc. provides
diversified financial services through its subsidiaries Five Star
Bank, Scott Danahy Naylon and Courier Capital. Five Star Bank
provides a wide range of consumer and commercial banking services
to individuals, municipalities and businesses through a network of
more than 50 offices and 60 ATMs throughout Western and Central New
York State. Scott Danahy Naylon provides a broad range of insurance
services to personal and business clients across 45 states. Courier
Capital provides customized investment management, investment
consulting and retirement plan services to individuals, businesses,
institutions, foundations and retirement plans. Financial
Institutions, Inc. and its subsidiaries employ approximately 700
individuals. The Company’s stock is listed on the Nasdaq Global
Select Market under the symbol FISI. Additional information is
available at the Company’s website: www.fiiwarsaw.com.
For additional information contact:
Kevin B. Klotzbach
Executive VP, Chief Financial Officer & Treasurer
Phone: 585.786.1130
Email: KBKlotzbach@five-starbank.com
Shelly J. Doran
Director - Investor and External Relations
Phone: 585.627.1362
Email: SJDoran@five-starbank.com
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