Chemung Financial (CHMG) sets $0.34 per share quarterly cash dividend
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Chemung Financial Corporation announced that its Board of Directors has declared a quarterly cash dividend of $0.34 per share. The dividend will be paid on April 1, 2026 to common shareholders of record at the close of business on March 18, 2026.
Chemung Financial is a $2.7 billion financial services holding company headquartered in Elmira, New York, operating 30 offices through Chemung Canal Trust Company, a full-service community bank, and CFS Group, Inc., which offers additional financial and insurance services.
Positive
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Negative
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8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
FAQ
What dividend did Chemung Financial Corporation (CHMG) declare in this 8-K?
Chemung Financial Corporation declared a quarterly cash dividend of $0.34 per share. The payment applies to its common stock and reflects the Board’s decision to return cash to shareholders as part of its ongoing capital management approach.
When will Chemung Financial Corporation (CHMG) pay the new dividend?
The declared quarterly dividend will be paid on April 1, 2026. Shareholders who are on record as owning Chemung Financial common stock by the close of business on March 18, 2026 will be eligible to receive this cash payment.
What is the record date for Chemung Financial Corporation (CHMG)’s $0.34 dividend?
The record date for Chemung Financial’s quarterly dividend is March 18, 2026. Investors must be shareholders of record at the close of business on that date to receive the $0.34 per share cash dividend paid on April 1, 2026.
How large is Chemung Financial Corporation (CHMG) and what are its main operations?
Chemung Financial Corporation is a $2.7 billion financial services holding company. It operates 30 offices mainly through Chemung Canal Trust Company, a full-service community bank with trust powers, and CFS Group, Inc., which offers brokerage, mutual funds, annuities, tax preparation, and insurance.
What subsidiaries does Chemung Financial Corporation (CHMG) operate?
Chemung Financial operates primarily through Chemung Canal Trust Company, a full-service community bank, and CFS Group, Inc.. CFS Group provides non-traditional financial services, including mutual funds, annuities, brokerage, tax preparation, and insurance products to complement the bank’s core offerings.
Where is Chemung Financial Corporation (CHMG) headquartered and how long has it operated?
Chemung Financial is headquartered in Elmira, New York. Its principal banking subsidiary, Chemung Canal Trust Company, was established in 1833 and is described as the oldest locally owned and managed community bank in New York State, highlighting a long operating history.