Tompkins Financial Corporation Reports Cash Dividend

Rhea-AI Summary

Tompkins Financial Corporation (NYSE American: TMP) announced a quarterly cash dividend of $0.54 per share, an increase of 3.8% from last year's $0.52. The dividend is set to be paid on February 16, 2021, to shareholders of record on February 9, 2021. This reflects the company's commitment to returning value to its shareholders amidst ongoing operations in the Central, Western, and Hudson Valley regions of New York and Southeastern Pennsylvania.

Positive

• Quarterly cash dividend increased by 3.8% to $0.54 per share.
• Demonstrates company commitment to shareholder returns.

Negative

• None.

Tompkins Financial Corporation (NYSE American:TMP)

Tompkins Financial Corporation announced today that its Board of Directors approved payment of a regular quarterly cash dividend of $0.54 per share, payable on February 16, 2021, to common shareholders of record on February 9, 2021. The current dividend represents a 3.8% increase over the $0.52 cash dividend paid in the first quarter of 2020.

Tompkins Financial Corporation is a financial services company serving the Central, Western, and Hudson Valley regions of New York and the Southeastern region of Pennsylvania. Headquartered in Ithaca, NY, Tompkins Financial is parent to Tompkins Trust Company, Tompkins Bank of Castile, Tompkins Mahopac Bank, Tompkins VIST Bank, Tompkins Insurance Agencies, Inc., and offers wealth management services through Tompkins Financial Advisors. For more information on Tompkins Financial, visit www.tompkinsfinancial.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210129005048/en/

FAQ

What is the amount of Tompkins Financial's dividend?

The quarterly cash dividend is $0.54 per share.

When is the dividend payment date for Tompkins Financial?

The dividend will be paid on February 16, 2021.

When is the record date for the dividend?

The record date for the dividend is February 9, 2021.

How does the current dividend compare to last year?

The current dividend of $0.54 represents a 3.8% increase over last year's $0.52.