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Chemung Financial Corporation Announces Quarterly Dividend

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Chemung Financial (Nasdaq: CHMG) has announced a quarterly cash dividend of $0.31 per share, payable on October 1, 2024, to common stock shareholders of record as of September 19, 2024. The company, a $2.8 billion financial services holding company, operates through its principal subsidiary, Chemung Canal Trust Company, the oldest locally-owned and managed community bank in New York State.

Established in 1833, Chemung Canal Trust Company is a full-service community bank with full trust powers. The also owns CFS Group, Inc., which offers non-traditional financial services including mutual funds, annuities, brokerage services, tax preparation, and insurance.

Chemung Financial (Nasdaq: CHMG) ha annunciato un dividendo in contante trimestrale di $0,31 per azione, che sarà pagato il 1 ottobre 2024, agli azionisti comuni registrati fino al 19 settembre 2024. L'azienda, una holding di servizi finanziari da 2,8 miliardi di dollari, opera attraverso la sua principale sussidiaria, Chemung Canal Trust Company, la più antica banca di comunità a gestione locale nello Stato di New York.

Fondata nel 1833, Chemung Canal Trust Company è una banca di comunità a servizio completo con pieni poteri fiduciari. Essa possiede anche CFS Group, Inc., che offre servizi finanziari non tradizionali, tra cui fondi comuni, rendite, servizi di intermediazione, preparazione fiscale e assicurazione.

Chemung Financial (Nasdaq: CHMG) ha anunciado un dividendo trimestral en efectivo de $0.31 por acción, que se pagará el 1 de octubre de 2024, a los accionistas comunes que estén registrados hasta el 19 de septiembre de 2024. La compañía, que es una holding de servicios financieros de 2.8 mil millones de dólares, opera a través de su subsidiaria principal, Chemung Canal Trust Company, el banco comunitario de propiedad y gestión local más antiguo del Estado de Nueva York.

Establecida en 1833, Chemung Canal Trust Company es un banco comunitario de servicios completos con plenos poderes fiduciarios. También posee CFS Group, Inc., que ofrece servicios financieros no tradicionales, incluidos fondos mutuos, anualidades, servicios de corretaje, preparación de impuestos y seguros.

Chemung Financial (Nasdaq: CHMG)는 $0.31 주당 현금 배당금을 발표하였으며, 이는 2024년 10월 1일에 지급될 예정이며, 2024년 9월 19일 기준으로 보통주 주주들에게 지급됩니다. 이 회사는 28억 달러 규모의 금융 서비스 지주회사로, 뉴욕 주에서 가장 오래된 지역 소유 및 관리 커뮤니티 은행인 Chemung Canal Trust Company를 통해 운영됩니다.

1833년에 설립된 Chemung Canal Trust Company는 모든 서비스가 제공되는 커뮤니티 은행으로 전체 신탁 권한을 보유하고 있습니다. 또한 CFS Group, Inc.를 소유하고 있으며, 비전통적인 금융 서비스인 뮤추얼 펀드, 연금, 중개 서비스, 세금 준비 및 보험 등을 제공합니다.

Chemung Financial (Nasdaq: CHMG) a annoncé un dividende en espèces trimestriel de 0,31 $ par action, payable le 1er octobre 2024, aux actionnaires ordinaires enregistrés au 19 septembre 2024. L'entreprise, une société holding de services financiers d'une valeur de 2,8 milliards de dollars, opère par l'intermédiaire de sa principale filiale, Chemung Canal Trust Company, la plus ancienne banque communautaire gérée localement de l'État de New York.

Établie en 1833, Chemung Canal Trust Company est une banque communautaire offrant l'ensemble des services bancaires avec des pouvoirs fiduciaires complets. Elle possède également CFS Group, Inc., qui propose des services financiers non traditionnels, y compris des fonds communs, des rentes, des services de courtage, la préparation des impôts et de l'assurance.

Chemung Financial (Nasdaq: CHMG) hat eine vierteljährliche Barausschüttung von 0,31 $ pro Aktie angekündigt, die am 1. Oktober 2024 fällig ist und an die Aktionäre der Stammaktien ausgezahlt wird, die am 19. September 2024 im Register stehen. Das Unternehmen, eine Finanzdienstleistungs-Holdinggesellschaft im Wert von 2,8 Milliarden Dollar, agiert über ihre Haupttochtergesellschaft, die Chemung Canal Trust Company, die älteste lokal geführte und verwaltete Genossenschaftsbank im Bundesstaat New York.

Die Chemung Canal Trust Company wurde 1833 gegründet und ist eine vollwertige Genossenschaftsbank mit vollständigen Treuhandbefugnissen. Sie besitzt auch die CFS Group, Inc., die nicht-traditionelle Finanzdienstleistungen wie Investmentfonds, Annuitäten, Broker-Dienstleistungen, Steuerberatung und Versicherungen anbietet.

Positive
  • Consistent dividend payment indicates financial stability
  • Diverse financial services portfolio through CFS Group, Inc.
  • $2.8 billion in assets demonstrates significant market presence
Negative
  • None.

ELMIRA, N.Y., Aug. 21, 2024 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.31 per share, payable on October 1, 2024, to common stock shareholders of record as of the close of business on September 19, 2024.

Chemung Financial Corporation is a $2.8 billion financial services holding company headquartered in Elmira, New York and operates 31 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.

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


FAQ

What is the dividend amount announced by Chemung Financial (CHMG) for Q3 2024?

Chemung Financial (CHMG) announced a quarterly cash dividend of $0.31 per share for Q3 2024.

When is the dividend payable for Chemung Financial (CHMG) shareholders?

The dividend is payable on October 1, 2024, to common stock shareholders of record as of the close of business on September 19, 2024.

How many offices does Chemung Financial (CHMG) operate?

Chemung Financial operates 31 offices through its principal subsidiary, Chemung Canal Trust Company.

What is the total asset value of Chemung Financial (CHMG)?

Chemung Financial is a $2.8 billion financial services holding company.

Chemung Financial Corp

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