Financial Institutions, Inc. (FISI) Dividends
Dividend Yield and Dividend History Highlights
- FISI has an EBITDA to net debt ratio of 82,319,000; for context, that's better than 87.13% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with FISI's price: CNXN, K, MRTN, RGLD and TAK.
FISI Price Forecast Based on Dividend Discount Model
Current Price | DDM Fair Value Target: | Forecasted Gain: |
$27.01 | $48.03 | 54.23% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding Financial Institutions Inc, the dividend discount model StockNews created for the company implies a positive return of 54.23%. Digging deeper, the aspects of Financial Institutions Inc's dividend discount model that we found most interesting were:
- In comparison to stocks we observe that provide shareholders with a dividend, Financial Institutions Inc produces a dividend yield 3.73% -- which falls in the top 24.46%.
- In comparison to other US listed dividend yielding stocks in the Financial Services sector, the expected return of 54.23%, based on the stock's current share price and target price based on a dividend discount model, is greater than 66.54% of the DDM-forecasted return of its its sector peers.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, FISI has a discount rate lower than 66.54% of them (a lower discount rate is associated with lower risk).
- A stock's beta generally indicates its volatility relative to the broader equity market; for Financial Institutions Inc, its beta is lower than 65.91% of dividend issuing stocks we observed.
FISI Dividend History
Ex-Dividend Date | Type | Payout Amount | Change |
---|---|---|---|
2024-12-13 | Dividend | $0.30 | -- |
2024-09-13 | Dividend | $0.30 | -- |
2024-06-14 | Dividend | $0.30 | -- |
2024-03-14 | Dividend | $0.30 | -- |
2023-12-13 | Dividend | $0.30 | -- |
2023-09-13 | Dividend | $0.30 | -- |
2023-06-14 | Dividend | $0.30 | -- |
2023-03-15 | Dividend | $0.30 | +3.45% |
2022-12-15 | Dividend | $0.29 | -- |
2022-09-15 | Dividend | $0.29 | -- |
2022-06-16 | Dividend | $0.29 | -- |
2022-03-17 | Dividend | $0.29 | +7.41% |
2021-12-16 | Dividend | $0.27 | -- |
2021-09-16 | Dividend | $0.27 | -- |
2021-06-17 | Dividend | $0.27 | -- |
2021-03-18 | Dividend | $0.27 | +3.85% |
2020-12-18 | Dividend | $0.26 | -- |
2020-09-10 | Dividend | $0.26 | -- |
2020-06-11 | Dividend | $0.26 | -- |
2020-03-18 | Dividend | $0.26 | +4.00% |
FISI Dividends vs. Peers
Looking for More Information on FISI dividends?
Want to do more research on Financial Institutions Inc's dividends? Try the links below:Financial Institutions Inc Common Stock (FISI) Dividend History | Nasdaq
Dividend History for Financial Institutions Inc (FISI) - Dividend Investor
Financial Institutions Inc (FISI) Dividend History - Seeking Alpha