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Chemung Financial Corporation Announces Quarterly Dividend

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Chemung Financial (Nasdaq: CHMG) has declared a quarterly cash dividend of $0.31 per share, payable on January 2, 2025, to shareholders of record as of December 19, 2024. The company, with $2.8 billion in assets, operates through its main subsidiary Chemung Canal Trust Company, managing 31 offices. Founded in 1833, it is New York State's oldest locally-owned community bank. The also owns CFS Group, providing additional services including mutual funds, annuities, brokerage, tax preparation, and insurance.

Chemung Financial (Nasdaq: CHMG) ha dichiarato un dividendo in contante trimestrale di 0,31 $ per azione, che sarà pagato il 2 gennaio 2025, agli azionisti registrati al 19 dicembre 2024. L'azienda, con 2,8 miliardi di dollari di attivi, opera attraverso la sua principale controllata, Chemung Canal Trust Company, gestendo 31 uffici. Fondata nel 1833, è la banca comunitaria a proprietà locale più antica dello Stato di New York. Inoltre possiede CFS Group, che offre servizi aggiuntivi tra cui fondi comuni, rendite, intermediazione, preparazione fiscale e assicurazioni.

Chemung Financial (Nasdaq: CHMG) ha declarado un dividendo en efectivo trimestral de $0.31 por acción, pagadero el 2 de enero de 2025, a los accionistas registrados al 19 de diciembre de 2024. La compañía, con activos de 2.8 mil millones de dólares, opera a través de su principal subsidiaria, Chemung Canal Trust Company, que gestiona 31 oficinas. Fundada en 1833, es el banco comunitario de propiedad local más antiguo del estado de Nueva York. También posee CFS Group, que ofrece servicios adicionales que incluyen fondos mutuos, anualidades, corretaje, preparación de impuestos y seguros.

Chemung Financial (Nasdaq: CHMG)는 주당 0.31 달러의 분기 현금 배당금을 발표했으며, 2025년 1월 2일에 2024년 12월 19일 기준 주주에게 지급됩니다. 자산이 28억 달러인 이 회사는 주로 Chemung Canal Trust Company라는 자회사를 통해 운영하며 31개의 사무소를 관리하고 있습니다. 1833년에 설립된 이 회사는 뉴욕주에서 가장 오래된 지역 소유 커뮤니티 은행입니다. 또한 CFS Group을 소유하고 있으며, 뮤추얼 펀드, 연금, 중개 서비스, 세금 준비 및 보험 등 추가 서비스를 제공합니다.

Chemung Financial (Nasdaq: CHMG) a déclaré un dividende en espèces trimestriel de 0,31 $ par action, payable le 2 janvier 2025, aux actionnaires inscrits au 19 décembre 2024. La société, avec 2,8 milliards de dollars d'actifs, opère par l'intermédiaire de sa principale filiale, Chemung Canal Trust Company, qui gère 31 bureaux. Fondée en 1833, c'est la plus ancienne banque communautaire possédée localement de l'État de New York. Elle possède également CFS Group, fournissant des services additionnels tels que des fonds communs, des rentes, des services de courtage, la préparation fiscale et des assurances.

Chemung Financial (Nasdaq: CHMG) hat eine vierteljährliche Bardividende von 0,31 $ pro Aktie erklärt, die am 2. Januar 2025 an die Aktionäre ausgezahlt wird, die am 19. Dezember 2024 registriert sind. Das Unternehmen, das über 2,8 Milliarden Dollar an Vermögenswerten verfügt, operiert über seine Haupttochtergesellschaft Chemung Canal Trust Company, die 31 Büros verwaltet. Gegründet im Jahr 1833, ist es die älteste lokal geführte Gemeinschaftsbank im Bundesstaat New York. Zudem besitzt es die CFS Group, die zusätzliche Dienstleistungen wie Investmentfonds, Renten, Brokerage, Steuerberatung und Versicherungen anbietet.

Positive
  • Maintains consistent dividend payment of $0.31 per share
  • Strong asset base of $2.8 billion
  • Extensive network of 31 office locations
  • Diversified revenue streams through CFS Group subsidiary
Negative
  • None.

ELMIRA, N.Y., Nov. 19, 2024 (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 2, 2025, to common stock shareholders of record as of the close of business on December 19, 2024.

Chemung Financial Corporation is a $2.8 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.

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 Chemung Financial 's (CHMG) dividend amount for Q4 2024?

Chemung Financial 's dividend for Q4 2024 is $0.31 per share.

When is CHMG's next dividend payment date?

The next dividend payment date is January 2, 2025.

What is the record date for CHMG's latest dividend?

The record date for the dividend is December 19, 2024.

How many offices does Chemung Financial operate?

Chemung Financial operates 31 offices through its subsidiary, Chemung Canal Trust Company.

Chemung Financial Corp

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