ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) announced that its board of directors has approved a quarterly cash dividend of 26 cents a share.
The dividend is payable on April 1 to common stock shareholders of record as of the close of business on March 17.
It’s the same amount that Chemung Financial paid out in each of the previous four quarters. At the company’s current stock price, the dividend amounts to about a 3.6 percent annual yield.
(Sponsored)
10 Reasons Your Business Needs Cyber Insurance
1. Cyber crime is the fastest growing crime in the world, but most attacks are not covered by standard property or crime insurance policies. New crimes are emerging every day.
How to Generate Staff Buy-In for Cloud Document Management
How businesses manage important documents has changed quite a bit throughout history. Information that used to be housed in filing cabinets and rolodexes is now stored digitally, often in one
Chemung Financial is a $1.5 billion financial-services holding company headquartered in Elmira, which operates 34 retail offices through its main subsidiary, Chemung Canal Trust Company, a full-service community bank with full trust powers. Established in 1833, Chemung Canal Trust says it’s the oldest, locally owned and managed community bank in New York state.
Chemung Financial is also the parent of CFS Group, Inc., a financial-services subsidiary offering mutual funds, annuities, brokerage services, tax-preparation services, and insurance.
Contact Rombel at arombel@cnybj.com
