CHMG Chemung Financial dividend history, payout ratio & dates
Chemung Financial's last dividend of $0.31 per share was on Sep 19, 2024 (ex-date). At an annualized rate of $1.24 per share, the stock yields 2.63%.
Key dates
- CHMG last dividend date: Sep 19, 2024
CHMG dividend stats
vs. Financial Services sector
Dividend yield
Chemung Financial's dividend yield of 2.63% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.78%, Chemung Financial's dividend yield is 5% lower. Historically CHMG's dividend yield has averaged at 2.9% in the last 5 years, which is above the current yield.
Dividend history
Chemung Financial has a history of paying dividends since 1999. Our records of CHMG show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. However with the stock price up by 19% from a year ago, the dividend yield marks a decrease of 16%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 19, 2024 | $0.31 | 2.54% |
| Jun 17, 2024 | $0.31 | 2.94% |
| Mar 15, 2024 | $0.31 | 2.95% |
| Dec 18, 2023 | $0.31 | 2.53% |
| Sep 15, 2023 | $0.31 | 3.07% |
| Jun 16, 2023 | $0.31 | 3.15% |
| Mar 17, 2023 | $0.31 | 2.81% |
| Dec 19, 2022 | $0.31 | 2.85% |
| Sep 16, 2022 | $0.31 | 2.94% |
| Jun 16, 2022 | $0.31 | 2.9% |
| Mar 17, 2022 | $0.31 | 2.72% |
| Dec 17, 2021 | $0.31 | 2.69% |
| Sep 16, 2021 | $0.31 | 2.5% |
| Jun 16, 2021 | $0.31 | 2.55% |
| Mar 17, 2021 | $0.26 | 2.56% |
| Dec 18, 2020 | $0.26 | 3% |
| Sep 16, 2020 | $0.26 | 3.5% |
| Jun 16, 2020 | $0.26 | 3.63% |
| Mar 17, 2020 | $0.26 | 3.97% |
| Dec 20, 2019 | $0.26 | 2.32% |
| Sep 16, 2019 | $0.26 | 2.33% |
| Jun 14, 2019 | $0.26 | 2.29% |
| Mar 15, 2019 | $0.26 | 2.23% |
| Dec 18, 2018 | $0.26 | 2.51% |
| Sep 14, 2018 | $0.26 | 2.54% |
| Jun 15, 2018 | $0.26 | 2.02% |
| Mar 16, 2018 | $0.26 | 2.2% |
| Dec 18, 2017 | $0.26 | 1.92% |
| Sep 15, 2017 | $0.26 | 2.59% |
| Jun 15, 2017 | $0.26 | 2.59% |
| Mar 16, 2017 | $0.26 | 2.84% |
| Dec 16, 2016 | $0.26 | 2.94% |
| Sep 15, 2016 | $0.26 | 3.61% |
| Jun 15, 2016 | $0.26 | 3.42% |
| Mar 16, 2016 | $0.26 | 3.87% |
| Dec 16, 2015 | $0.26 | 3.81% |
| Sep 15, 2015 | $0.26 | 3.82% |
| Jun 15, 2015 | $0.26 | 3.93% |
| Mar 13, 2015 | $0.26 | 3.79% |
Chemung Financial dividend payout ratio
Payout ratio
Chemung Financial's payout ratio of 25.1% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 43.2%, Chemung Financial's payout ratio is 42% lower.
Total amount of dividends paid per financial year (from cash flow)
CHMG dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| FISI Financial Institutions Inc | 4.84% | $1.2 | 36.9% |
| TMP Tompkins Financial Corp | 3.62% | $2.42 | 244.4% |
| FNB Fnb Corp | 3.27% | $0.48 | 40.3% |
| CBU Community Bank System Inc | 2.92% | $1.81 | 57.8% |
| NBTB Nbt Bancorp Inc | 2.86% | $1.3 | 50% |
| CHMG Chemung Financial Corp | 2.61% | $1.24 | 25.1% |
| WTFC Wintrust Financial Corp | 1.48% | $1.75 | 17.9% |
| PNFP Pinnacle Financial Partners Inc | 0.83% | $0.88 | 17.2% |
Frequently asked questions
Does Chemung Financial pay a dividend?
Yes, Chemung Financial has been paying dividends for the last 25 years.
When was CHMG's last dividend?
Chemung Financial's last dividend ex-date was on Sep 19, 2024. The dividend amount was $0.31 per share.
How much dividend does Chemung Financial pay (per share)?
CHMG's annualized dividend per share is $1.24.
What is Chemung Financial's dividend yield?
The current dividend yield of Chemung Financial is 2.63%.
How often does Chemung Financial pay dividends?
Chemung Financial pays dividends quarterly.
What is Chemung Financial's dividend payout ratio?
Chemung Financial's dividend payout ratio is 25.1%.
Does Chemung Financial pay a good dividend?
Chemung Financial's dividend yield is below the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.