Chemung Financial Corporation Announces Quarterly Dividend

Rhea-AI Summary

Chemung Financial Corporation (Nasdaq: CHMG) has declared a quarterly cash dividend of $0.31 per share. This dividend is scheduled for payment on January 3, 2022, to shareholders on record by the close of business on December 20, 2021. As a financial services holding company with operations totaling $2.5 billion, Chemung operates 31 offices through its subsidiary, Chemung Canal Trust Company, the oldest community bank in New York State.

Positive

• Quarterly cash dividend of $0.31 per share announced.
• Dividend payment demonstrates company confidence and commitment to shareholders.
• Chemung Financial has total assets of $2.5 billion.

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• None.

ELMIRA, N.Y., Nov. 19, 2021 (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 January 3, 2022 to common stock shareholders of record as of the close of business on December 20, 2021.

Chemung Financial Corporation is a $2.5 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.

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

FAQ

What is the dividend amount for Chemung Financial Corporation (CHMG) in 2021?

The dividend amount is $0.31 per share.

When will Chemung Financial Corporation (CHMG) pay its dividend?

The dividend will be paid on January 3, 2022.

What is the record date for the Chemung Financial Corporation (CHMG) dividend?

The record date is December 20, 2021.