Oneida Financial Corp.’s president and CEO announced today that the company will be issuing a cash dividend of twenty-four cents per share for the six month period ended June 30, 2009. According to the press release, the dividend is payable to shareholders of record as of July 28, 2009 and will be paid on August 11, 2009.
Michael R. Kallet, president and CEO, commented, “The Board of Directors and management of Oneida Financial Corp. remain confident in the Company’s ability to generate operating profits and maintain strong asset quality during these uncertain economic times. The Company’s retail banking operations, municipal banking and its’ insurance and financial service businesses continue to grow and contribute to Oneida Financial Corp.’s ongoing profitability.”
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