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Tompkins Financial Corporation (NYSE American:TMP) has declared a quarterly cash dividend of $0.60 per share, an increase of $0.03 or 5.3% from the previous year. This dividend will be payable on February 15, 2023, to shareholders on record as of February 7, 2023. Headquartered in Ithaca, NY, Tompkins Financial operates across New York and Pennsylvania, providing banking, insurance, and wealth management services.
Positive
Quarterly cash dividend increased by $0.03 per share (5.3%).
Demonstrates company confidence in financial stability.
Tompkins Financial Corporation announced today that its Board of Directors approved payment of a regular quarterly cash dividend of $0.60 per share, payable on February 15, 2023, to common shareholders of record on February 7, 2023. The dividend amount represents an increase of $0.03 per share, or 5.3% over the dividend paid in the first quarter of 2022.
Tompkins Financial Corporation is a banking and 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 Community Bank and Tompkins Insurance Agencies, Inc., and offers wealth management services through Tompkins Financial Advisors. For more information on Tompkins Financial, visit www.tompkinsfinancial.com.
