Chemung Financial Corporation Announces Dividend Increase
Chemung Financial (Nasdaq: CHMG) has announced a dividend increase of $0.01 per share, bringing the quarterly cash dividend to $0.32 per share. The dividend represents a 3.2% increase and will be payable on April 1, 2025, to shareholders of record as of March 18, 2025.
The increase comes as a result of the 's strong financial performance, according to President and CEO Anders M. Tomson. Chemung Financial is a $2.8 billion financial services holding company headquartered in Elmira, New York, operating 30 offices through its principal subsidiary, Chemung Canal Trust Company, which was established in 1833 and is New York State's oldest locally-owned and managed community bank.
Chemung Financial (Nasdaq: CHMG) ha annunciato un aumento del dividendo di $0,01 per azione, portando il dividendo in contante trimestrale a $0,32 per azione. Il dividendo rappresenta un aumento del 3,2% e sarà pagabile il 1° aprile 2025, agli azionisti registrati al 18 marzo 2025.
L'aumento è il risultato delle solide performance finanziarie dell'azienda, secondo il presidente e CEO Anders M. Tomson. Chemung Financial è una holding di servizi finanziari da $2,8 miliardi con sede a Elmira, New York, che opera attraverso 30 uffici tramite la sua principale controllata, Chemung Canal Trust Company, fondata nel 1833 ed è la banca comunitaria a gestione e proprietà locale più antica dello Stato di New York.
Chemung Financial (Nasdaq: CHMG) ha anunciado un aumento del dividendo de $0,01 por acción, llevando el dividendo en efectivo trimestral a $0,32 por acción. El dividendo representa un aumento del 3,2% y será pagadero el 1 de abril de 2025, a los accionistas registrados a partir del 18 de marzo de 2025.
El aumento se debe al sólido rendimiento financiero de la empresa, según el presidente y CEO Anders M. Tomson. Chemung Financial es una compañía holding de servicios financieros de $2,8 mil millones con sede en Elmira, Nueva York, que opera 30 oficinas a través de su subsidiaria principal, Chemung Canal Trust Company, que fue establecida en 1833 y es el banco comunitario más antiguo de Nueva York en gestión y propiedad local.
Chemung Financial (Nasdaq: CHMG)는 주당 $0.01의 배당금 인상을 발표하며, 분기 현금 배당금을 $0.32 per share로 증가시켰습니다. 이 배당금은 3.2% 증가를 나타내며, 2025년 4월 1일에 2025년 3월 18일 기준 주주에게 지급될 예정입니다.
이번 인상은 회사의 강력한 재무 성과에 따른 것으로, 사장 겸 CEO인 Anders M. Tomson에 따르면 Chemung Financial은 28억 달러 규모의 금융 서비스 지주회사로 뉴욕주 엘미라에 본사를 두고 있으며, 1833년에 설립된 Chemung Canal Trust Company를 통해 30개의 사무소를 운영하고 있습니다. 이 회사는 뉴욕주에서 가장 오래된 지역 소유 및 관리 커뮤니티 은행입니다.
Chemung Financial (Nasdaq: CHMG) a annoncé une augmentation du dividende de 0,01 $ par action, portant le dividende en espèces trimestriel à 0,32 $ par action. Le dividende représente une augmentation de 3,2% et sera payable le 1er avril 2025, aux actionnaires inscrits au 18 mars 2025.
Cette augmentation est le résultat de la solide performance financière de l'entreprise, selon le président et CEO Anders M. Tomson. Chemung Financial est une société holding de services financiers de 2,8 milliards de dollars dont le siège est à Elmira, New York, et qui exploite 30 bureaux via sa principale filiale, la Chemung Canal Trust Company, fondée en 1833 et qui est la plus ancienne banque communautaire gérée localement de l'État de New York.
Chemung Financial (Nasdaq: CHMG) hat eine Erhöhung der Dividende um $0,01 pro Aktie angekündigt, wodurch die vierteljährliche Bardividende auf $0,32 pro Aktie steigt. Die Dividende stellt eine 3,2% Erhöhung dar und wird am 1. April 2025 an die Aktionäre, die am 18. März 2025 im Aktienregister stehen, ausgezahlt.
Die Erhöhung ist das Ergebnis der starken finanziellen Leistung des Unternehmens, so Präsident und CEO Anders M. Tomson. Chemung Financial ist eine Holdinggesellschaft für Finanzdienstleistungen mit einem Wert von 2,8 Milliarden Dollar, mit Sitz in Elmira, New York, und betreibt 30 Büros über ihre Haupttochtergesellschaft, die Chemung Canal Trust Company, die 1833 gegründet wurde und die älteste lokal geführte und verwaltete Gemeinschaftsbank des Bundesstaates New York ist.
- Dividend increased by 3.2% to $0.32 per share quarterly
- Strong financial performance cited by management
- Substantial asset base of $2.8 billion
- None.
ELMIRA, N.Y., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a dividend increase of
“As a result of our Corporation’s strong financial performance, we are pleased to reward our shareholders with an increase to the quarterly dividend,” stated Anders M. Tomson, President and CEO of Chemung Financial Corporation.
Chemung Financial Corporation is a
This press release may be found at www.chemungcanal.com
Category: Financial
Source: Chemung Financial Corp
Contact:
Scott T. Heffner
Senior Vice President, Director of Marketing
(607) 737-3706
Stheffner@chemungcanal.com
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