Financial Institutions, Inc. Announces Quarterly Cash Dividend

Core Viewpoint - Financial Institutions, Inc. has announced a quarterly cash dividend of $0.30 per common share, along with preferred stock dividends, reflecting the company's commitment to returning value to shareholders [1][2]. Group 1: Dividend Announcements - The company declared a quarterly cash dividend of $0.30 per outstanding common share [1]. - Dividends of $0.75 per share on Series A 3% preferred stock and $2.12 per share on Series B-1 8.48% preferred stock were also announced [1]. - All dividends are payable on July 2, 2024, to shareholders of record on June 14, 2024 [2]. Group 2: Company Overview - Financial Institutions, Inc. is a financial holding company with approximately $6.3 billion in assets [3]. - The company offers banking and wealth management products and services through its subsidiary, Five Star Bank, which serves individuals, municipalities, and businesses in Western and Central New York [3]. - Courier Capital, LLC, another subsidiary, provides customized investment management, financial planning, and consulting services to a diverse clientele [3].