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Chemung Financial (CHMG) Dividend Yield, Date & History

Chemung Financial logo
$50.05 +0.35 (+0.70%)
(As of 12/20/2024 05:16 PM ET)

Chemung Financial Dividend Summary

Dividend Yield
2.48%
Annual Dividend
$1.24
Next
Dividend Payment
Jan. 2
Annualized 3-Year
Dividend Growth
6.04%
Dividend Payout Ratio
27.43%

Chemung Financial (CHMG) pays an annual dividend of $1.24 per share, with a dividend yield of 2.48%. The next quarterly payment of $0.31 per share is scheduled for Thursday, January 2, to investors who owned the stock before the ex-dividend date of Thursday, December 19. The company currently pays out 27.43% of its earnings and 22.64% of its cash flow as dividends.

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CHMG Dividend Payments by Quarter

The chart below displays up to four years of Chemung Financial's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

CHMG Dividend Yield Over Time

The chart below tracks Chemung Financial's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Chemung Financial vs. The Competition

Compare Chemung Financial's annual dividend, yield, and 3-year growth rate with averages for Finance and NASDAQ companies to evaluate its performance against the market.

TypeChemung FinancialFinance CompaniesNASDAQ Companies
Annual Dividend$1.24$0.02$1.31
Dividend Yield2.48%9.82%4.23%
Annualized 3-Year Dividend Growth6.04%12.89%14.22%

Chemung Financial Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings27.43%
Based on This Year's Estimate25.10%
Based on Next Year's Estimate23.40%
Based on Cashflow22.64%

Chemung Financial Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/19/2024quarterly$0.31 - 2.5%12/19/202412/19/20241/2/2025
8/21/2024Quarterly$0.31 - 2.74%9/19/20249/19/202410/1/2024
5/20/2024Quarterly$0.31 - 2.85%6/17/20246/17/20247/1/2024
2/21/2024Quarterly$0.31 - 2.91%3/15/20243/18/20244/1/2024
11/15/2023Quarterly$0.31 - 2.75%12/18/202312/19/20231/2/2024
8/16/2023Quarterly$0.31 - 3.06%9/15/20239/18/202310/2/2023
5/17/2023Quarterly$0.31 - 3.59%6/16/20236/20/20237/3/2023
2/15/2023Quarterly$0.31 - 2.43%3/17/20233/20/20234/3/2023

This table shows Chemung Financial's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Chemung Financial Dividend - Frequently Asked Questions

The current dividend yield for Chemung Financial is 2.48%. Learn more on CHMG's dividend yield history.

The annual dividend for CHMG shares is $1.24. Learn more on CHMG's annual dividend history.

Chemung Financial pays quarterly dividends to shareholders.

Chemung Financial's next quarterly dividend payment of $0.31 per share will be made to shareholders on Thursday, January 2, 2025.

Chemung Financial's most recent quarterly dividend payment of $0.31 per share was made to shareholders on Tuesday, October 1, 2024.

Chemung Financial's most recent ex-dividend date was Thursday, December 19, 2024.

Over the past three years, the company's dividend has grown by an average of 6.04% per year.

The most recent change in the company's dividend was an increase of $0.05 on Thursday, May 20, 2021.

The dividend payout ratio for CHMG is:
  • 27.43% based on the trailing year of earnings
  • 25.10% based on this year's estimates
  • 23.40% based on next year's estimates
  • 22.64% based on cash flow

Chemung Financial's dividend yield of 2.31% is lower than the average Finance company that issues a dividend. Chemung Financial's dividend payout ratio of 27.43% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Chemung Financial stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NASDAQ:CHMG) was last updated on 12/21/2024 by MarketBeat.com Staff
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