Chemung Financial Corporation (Nasdaq: CHMG) announced that its Board of Directors approved a $0.02 increase in the quarterly cash dividend to $0.36 per share. The dividend is payable on October 1, 2026 to shareholders of record as of September 17, 2026.
According to Chemung Financial, the new dividend represents a 5.9% increase over the prior quarterly dividend and brings total dividend increases since the beginning of 2025 to $0.05 per share, or 16.1%. The company is a $2.8 billion financial services holding company operating 30 offices through Chemung Canal Trust Company.
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Quarterly dividend raised to $0.36 per share, up $0.02 or 5.9%
Total dividend increases since early 2025 reach $0.05 per share, or 16.1%
Clear dividend timetable with record date September 17, 2026 and payment October 1, 2026
ELMIRA, N.Y., Aug. 19, 2026 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a dividend increase of $0.02 per share, raising its quarterly cash dividend to $0.36 per share, payable on October 1, 2026, to common stock shareholders of record as of the close of business on September 17, 2026.
“We are pleased to announce the Corporation’s decision to raise its quarterly dividend by $0.02 per share. The raise represents a 5.9% increase over the prior quarterly dividend and brings total increases since the beginning of 2025 to $0.05 per share, or 16.1%,” said Anders M. Tomson, President and CEO of Chemung Financial Corporation.
Chemung Financial Corporation is a $2.8 billion financial services holding company headquartered in Elmira, New York and operates 30 offices through its principal subsidiary, Chemung Canal Trust Company, a full-service community bank with full trust powers. Established in 1833, Chemung Canal Trust Company is the oldest locally-owned and managed community bank in New York State. Chemung Financial Corporation is also the parent of CFS Group, Inc., a financial services subsidiary offering non-traditional services including mutual funds, annuities, brokerage services, tax preparation services and insurance.
Contact: Scott T. Heffner Senior Vice President, Director of Marketing (607) 737-3706 Stheffner@chemungcanal.com
FAQ
What dividend did Chemung Financial (CHMG) declare on August 19, 2026?
Chemung Financial declared a quarterly cash dividend of $0.36 per share. According to Chemung Financial, this reflects a $0.02 increase over the prior quarterly dividend and will be paid on October 1, 2026 to shareholders of record on September 17, 2026.
How much did Chemung Financial (CHMG) increase its quarterly dividend in 2026?
Chemung Financial increased its quarterly dividend by $0.02 per share in August 2026. According to Chemung Financial, this represents a 5.9% rise over the prior quarterly dividend and contributes to cumulative increases of $0.05 per share since the beginning of 2025.
What is the record date and payment date for Chemung Financial (CHMG) October 2026 dividend?
The record date is September 17, 2026, and the payment date is October 1, 2026. According to Chemung Financial, shareholders of record at the close of business on the record date will receive the $0.36 per share quarterly cash dividend.
How much have Chemung Financial (CHMG) dividends grown since the beginning of 2025?
Chemung Financial reports that its quarterly dividend has increased by $0.05 per share since early 2025. According to Chemung Financial, this cumulative growth equals a 16.1% increase in the quarterly dividend over that period, including the latest $0.02 per share raise.
What does the Chemung Financial (CHMG) dividend increase mean for shareholders?
The increase to $0.36 per share raises quarterly cash income for shareholders. According to Chemung Financial, the $0.02 per share hike represents a 5.9% increase, adding to total quarterly dividend growth of $0.05 per share, or 16.1%, since the beginning of 2025.
How large is Chemung Financial (CHMG) and what businesses support its dividend?
Chemung Financial is a $2.8 billion financial services holding company. According to Chemung Financial, it operates 30 offices through Chemung Canal Trust Company and owns CFS Group, Inc., which offers mutual funds, annuities, brokerage, tax preparation, and insurance services.
