Community Financial System, Inc. (NYSE:CBU) is included among the 12 Reliable Dividend Stocks for Maximum Income.
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Community Financial System, Inc. (NYSE:CBU) is a regional financial holding company with operations spread across four key areas: banking, employee benefits services, insurance services, and wealth management. It serves customers throughout Upstate New York, North Eastern Pennsylvania, Vermont, and Western Massachusetts, providing traditional banking, lending, benefits administration, and financial advisory services through its network of subsidiaries.
Community Financial System, Inc. (NYSE:CBU)’s strategy focuses on maintaining a balanced mix of revenue streams, expanding its footprint across new markets, and pursuing acquisitions to strengthen both its market position and product range. Its success largely depends on stable deposit growth, prudent lending practices, strong asset quality, effective cost control, and disciplined capital allocation that supports consistent dividend growth.
Community Financial System, Inc. (NYSE:CBU) has raised its dividend for 33 consecutive years, reflecting a long-standing commitment to shareholder returns. Over the past decade, it has distributed more than $750 million in dividends, underscoring its focus on delivering sustainable long-term value to investors. The company pays a quarterly dividend of $0.47 per share and has a dividend yield of 3.35%, as of October 13.
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