ITHACA — Tompkins Financial Corp. (NYSE: TMP) will pay a regular quarterly cash dividend of 50 cents a share on Aug. 15. It is payable to common shareholders of record on July 30.
The dividend is the same amount that Tompkins Financial paid last quarter. At the banking company’s current stock price, the payment yields about 2.5 percent on an annual basis.
Tompkins Financial is a financial-services firm serving the Central, Western, and Hudson Valley regions of New York and the Southeastern part of Pennsylvania. Headquartered in Ithaca, Tompkins Financial is parent to Tompkins Trust Company, Tompkins Bank of Castile, Tompkins Mahopac Bank, Tompkins VIST Bank, and Tompkins Insurance Agencies, Inc. It also offers wealth-management services through Tompkins Financial Advisors.