Community Bank System, Inc. (NYSE:CBU) Updates On Quarterly Dividend


As per Community Bank System, Inc. (NYSE:CBU) statement on 2016-08-19, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.32 per share as dividend to stakeholders. The record date is set as 2016-09-15, the payout date as 2016-10-10 and the ex-dividend date is 2016-09-13.

Last fiscal Community Bank System, Inc. (NYSE:CBU) disbursed cash dividend of $0.32. A year ago, the payout was $0.32, which indicates a difference of 5.1724%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.32, implying 5.3529% growth.

For the period ended on 2015-12-31, Community Bank System, Inc. (NYSE:CBU)’s earnings came at $0.58 per share compared to EPS of $0.61 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-27. For this quarter, the analysts have earnings estimate of $0.6 per share.

The interim price target for Community Bank System, Inc. (NYSE:CBU) is set at $39.666. This level is the mean price reached by averaging the stock views of 3 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Community Bank System, Inc. (NYSE:CBU) is seen at $40 and the lowest level is established at $39. This broad range highlights a standard deviation of $0.577 in reported estimates.

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