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Chemung Financial Corporation Announces Quarterly Dividend

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ELMIRA, N.Y., May 18, 2023 (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 July 3, 2023 to common stock shareholders of record as of the close of business on June 20, 2023.

Chemung Financial Corporation is a $2.7 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, and Chemung Risk Management, Inc., a captive insurance company based in the State of Nevada.

This press release may be found at www.chemungcanal.com

Contact:
Scott T. Heffner
Senior Vice President, Director of Marketing
(607) 737-3706
Stheffner@chemungcanal.com

Category: Financial

Source: Chemung Financial Corp


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Chemung Financial Corp.

NASDAQ:CHMG

CHMG Rankings

#3733 Ranked by Market Cap
#2447 Ranked by Stock Gains
#1154 Ranked by Dividends

CHMG Latest News

Apr 18, 2024
Chemung Financial Corporation Reports First Quarter 2024 Net Income of $7.1 million, or $1.48 per share
Feb 21, 2024
Chemung Financial Corporation Announces Quarterly Dividend
Jan 25, 2024
Chemung Financial Corporation Reports Annual Net Income of $25.0 million, or $5.28 per share, and Fourth Quarter 2023 Net Income of $3.8 million, or $0.80 per share
Nov 15, 2023
Chemung Financial Corporation Announces Quarterly Dividend
Oct 24, 2023
Chemung Financial Corporation Reports Third Quarter 2023 Net Income of $7.6 million, or $1.61 per Share

CHMG Stock Data

Commercial Banking
Finance and Insurance
Link
Finance, Regional Banks, Finance and Insurance, Commercial Banking
United States
Elmira

About CHMG

chemung canal trust company is an independent community bank, which has served the financial needs of businesses and individuals for over 180 years. we trace our roots to the opening of our namesake, the chemung canal, in 1833. today, we operate 34 branch offices in 11 new york state counties and one pennsylvania county. most important, we remain steadfast to our community banking philosophy and business model, which means we build long-term relationships with our clients and play a vital role in the communities we serve. deposits gathered locally are channeled back into our local communities in the form of loans to businesses, individuals, organizations and other enterprises. decisions are made locally, not in some far-off distant city.