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Chemung Financial Corporation (Nasdaq: CHMG) has announced a quarterly cash dividend of $0.31 per share. The dividend will be payable on October 2, 2023, to common stock shareholders of record as of September 18, 2023. Chemung Financial Corporation is a $2.7 billion financial services holding company headquartered in Elmira, New York. It operates 31 offices through its principal subsidiary, Chemung Canal Trust Company, which is the oldest locally-owned and managed community bank in New York State. Chemung Financial Corporation also owns CFS Group, Inc., a financial services subsidiary, and Chemung Risk Management, Inc., a captive insurance company based in Nevada.
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ELMIRA, N.Y., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.31 per share, payable on October 2, 2023 to common stock shareholders of record as of the close of business on September 18, 2023.
Chemung Financial Corporation is a $2.7 billion financial services holding company headquartered in Elmira, New York and operates 31 offices through its principal subsidiary, Chemung Canal Trust Company, a full-service community bank with full trust powers. Established in 1833, Chemung Canal Trust Company is the oldest locally-owned and managed community bank in New York State. Chemung Financial Corporation is also the parent of CFS Group, Inc., a financial services subsidiary offering non-traditional services including mutual funds, annuities, brokerage services, tax preparation services and insurance, and Chemung Risk Management, Inc., a captive insurance company based in the State of Nevada.
Contact: Scott T. Heffner Senior Vice President, Director of Marketing (607) 737-3706 Stheffner@chemungcanal.com
FAQ
What is the ticker symbol for Chemung Financial Corporation?
The ticker symbol for Chemung Financial Corporation is CHMG.
When will the quarterly cash dividend be paid?
The quarterly cash dividend will be paid on October 2, 2023.
Who is eligible for the dividend?
Common stock shareholders of record as of September 18, 2023, are eligible for the dividend.
What is the dividend amount?
The dividend amount is $0.31 per share.
Where is Chemung Financial Corporation headquartered?
Chemung Financial Corporation is headquartered in Elmira, New York.
What is the principal subsidiary of Chemung Financial Corporation?
The principal subsidiary of Chemung Financial Corporation is Chemung Canal Trust Company.
What services does Chemung Canal Trust Company offer?
Chemung Canal Trust Company is a full-service community bank with full trust powers.
What is the oldest locally-owned and managed community bank in New York State?
Chemung Canal Trust Company is the oldest locally-owned and managed community bank in New York State.
What other subsidiaries does Chemung Financial Corporation own?
Chemung Financial Corporation also owns CFS Group, Inc., a financial services subsidiary, and Chemung Risk Management, Inc., a captive insurance company based in Nevada.
