Chemung Financial Corporation Announces Quarterly Dividend
Chemung Financial Corporation (Nasdaq: CHMG) has announced a quarterly cash dividend of $0.31 per share, scheduled for payment on October 3, 2022.
Sentiment and the balance of points
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Rhea-AI Summary
Chemung Financial Corporation (Nasdaq: CHMG) has announced a quarterly cash dividend of $0.31 per share, scheduled for payment on October 3, 2022. Shareholders of record as of September 19, 2022 will receive this dividend. The company, headquartered in Elmira, New York, manages assets totaling $2.5 billion and operates 31 offices through its subsidiary, Chemung Canal Trust Company. This bank, established in 1833, is the oldest locally-owned community bank in New York State.
Positive
- Quarterly cash dividend of $0.31 per share announced.
- Total assets of $2.5 billion indicate financial stability.
- Oldest locally-owned community bank in New York State, enhancing local trust.
Negative
- None.
Details
News Market Reaction – CHMG
The recorded move for CHMG in the trading session of this news was -0.06%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ELMIRA, N.Y., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of
Chemung Financial Corporation is a
This press release may be found at www.chemungcanal.com
Category: Financial
Source: Chemung Financial Corp
Contact:
Scott T. Heffner
Senior Vice President, Director of Marketing
(607) 737-3706
Stheffner@chemungcanal.com
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