Chemung Financial Corporation Announces Quarterly Dividend
Chemung Financial Corporation (Nasdaq: CHMG) has declared a quarterly cash dividend of $0.31 per share, to be paid on July 1, 2022.
Sentiment and the balance of points
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Rhea-AI Summary
Chemung Financial Corporation (Nasdaq: CHMG) has declared a quarterly cash dividend of $0.31 per share, to be paid on July 1, 2022. Shareholders of record as of June 17, 2022 will benefit from this dividend. As a $2.5 billion financial services holding company, Chemung operates 31 offices through its subsidiary, Chemung Canal Trust Company, recognized as New York State's oldest locally-owned community bank. The company also manages CFS Group, Inc. and Chemung Risk Management, Inc., offering varied financial services.
Positive
- Declaration of a cash dividend of $0.31 per share, indicating shareholder returns.
- Established reputation as the oldest community bank in New York State, enhancing trust and stability.
Negative
- None.
Details
News Market Reaction – CHMG
The recorded move for CHMG in the trading session of this news was +0.79%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ELMIRA, N.Y., May 18, 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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