STOCK TITAN

Tompkins Financial Corporation Reports Increased Cash Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

Tompkins Financial Corporation (NYSE American: TMP) announced a quarterly cash dividend of $0.60 per share, set to be paid on November 15, 2022, to shareholders on record as of November 8, 2022. This marks a 5.3% increase from the previous quarter's dividend of $0.57 per share. The company operates within the banking and financial services sector, serving various regions in New York and Pennsylvania.

Positive
  • Quarterly cash dividend increased by $0.03 per share, or 5.3%.
  • Demonstrates company's confidence in financial performance.
Negative
  • None.

ITHACA, N.Y.--(BUSINESS WIRE)-- 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 $0.60 per share, payable on November 15, 2022, to common shareholders of record on November 8, 2022. The dividend amount represents an increase of $0.03 per share, or 5.3% over the dividend paid in the third 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.

Stephen S. Romaine, President & CEO

Francis M. Fetsko, Executive VP, CFO & COO

Tompkins Financial Corporation (888) 503-5753

Source: Tompkins Financial Corporation

FAQ

What is the dividend amount announced by Tompkins Financial Corporation?

Tompkins Financial Corporation announced a quarterly cash dividend of $0.60 per share.

When is the dividend payment date for TMP shareholders?

The dividend is payable on November 15, 2022.

What was the previous dividend amount before the increase for TMP?

The previous dividend amount was $0.57 per share.

Who are the common shareholders eligible for the dividend of TMP?

Common shareholders of record as of November 8, 2022, are eligible for the dividend.

Tompkins Financial Corporation

NYSE:TMP

TMP Rankings

TMP Latest News

TMP Stock Data

1.07B
14.40M
9.16%
65.56%
0.81%
Banks - Regional
State Commercial Banks
Link
United States of America
ITHACA