{"id":815158,"date":"2025-02-19T16:34:32","date_gmt":"2025-02-19T21:34:32","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/chemung-financial-corporation-announces-dividend-increase-2\/"},"modified":"2025-02-19T16:34:32","modified_gmt":"2025-02-19T21:34:32","slug":"chemung-financial-corporation-announces-dividend-increase-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/chemung-financial-corporation-announces-dividend-increase-2\/","title":{"rendered":"Chemung Financial Corporation Announces Dividend Increase"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">ELMIRA, N.Y., Feb.  19, 2025  (GLOBE NEWSWIRE) &#8212; Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a dividend increase of $0.01 per share, equal to a quarterly cash dividend of $0.32 per share, payable on April 1, 2025, to common stock shareholders of record as of the close of business on March 18, 2025. This represents a dividend increase of 3.2%.<\/p>\n<p align=\"justify\">\u201cAs a result of our Corporation\u2019s strong financial performance, we are pleased to reward our shareholders with an increase to the quarterly dividend,\u201d stated Anders M. Tomson, President and CEO of Chemung Financial Corporation.\u00a0<\/p>\n<p align=\"justify\">Chemung Financial Corporation is a $2.8 billion financial services holding company headquartered in Elmira, New York and operates 30 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.<\/p>\n<p align=\"justify\">This press release may be found at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=sR-zrAMuW9_e-inkcYRN-9kTMGwdelHBgoF-vYwQ38jisk9qOgQxiXUQZ_VoAUHQe9aA4KqFvKeSrukgTJEo-VPkHy843nS7A7UDl1cyzLk=\" rel=\"nofollow\" target=\"_blank\"><em>www.chemungcanal.com<\/em><\/a><\/p>\n<p>Category: Financial<\/p>\n<p>Source: Chemung Financial Corp<\/p>\n<p>\n        <strong><br \/>\n          <u>Contact:<\/u><br \/>\n        <\/strong><br \/>\n        <br \/>Scott T. Heffner<br \/>Senior Vice President, Director of Marketing <br \/>(607) 737-3706<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=DwwqCCEgCKMFQE4thKGO0kcr7Ocu-iVrgRBa3KM11J1PxZLKRw3XZudrsF4NbddGCAh_7H2a_AZaVErhZ_ihM5RK-QS1aLjoCbvm6RfAM6Fy6K4I9cigUvicED6gFksh\" rel=\"nofollow\" target=\"_blank\"><u>Stheffner@chemungcanal.com<\/u><\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM2MTI2OSM2NzU5MTkwIzIwMTcyOTY=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/NjM3NjQ2NDgtNjEwOS00ZjBlLTg2OTItMWI2MjBlZGVjZmE1LTEwMjg4Njk=\/tiny\/Chemung-Financial-Corp.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ELMIRA, N.Y., Feb. 19, 2025 (GLOBE NEWSWIRE) &#8212; Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a dividend increase of $0.01 per share, equal to a quarterly cash dividend of $0.32 per share, payable on April 1, 2025, to common stock shareholders of record as of the close of business on March 18, 2025. This represents a dividend increase of 3.2%. \u201cAs a result of our Corporation\u2019s strong financial performance, we are pleased to reward our shareholders with an increase to the quarterly dividend,\u201d stated Anders M. Tomson, President and CEO of Chemung Financial Corporation.\u00a0 Chemung Financial Corporation is a $2.8 billion financial services holding company headquartered in Elmira, New York and operates 30 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/chemung-financial-corporation-announces-dividend-increase-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Chemung Financial Corporation Announces Dividend Increase&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-815158","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Chemung Financial Corporation Announces Dividend Increase - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/chemung-financial-corporation-announces-dividend-increase-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chemung Financial Corporation Announces Dividend Increase - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ELMIRA, N.Y., Feb. 19, 2025 (GLOBE NEWSWIRE) &#8212; Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a dividend increase of $0.01 per share, equal to a quarterly cash dividend of $0.32 per share, payable on April 1, 2025, to common stock shareholders of record as of the close of business on March 18, 2025. This represents a dividend increase of 3.2%. \u201cAs a result of our Corporation\u2019s strong financial performance, we are pleased to reward our shareholders with an increase to the quarterly dividend,\u201d stated Anders M. Tomson, President and CEO of Chemung Financial Corporation.\u00a0 Chemung Financial Corporation is a $2.8 billion financial services holding company headquartered in Elmira, New York and operates 30 &hellip; Continue reading &quot;Chemung Financial Corporation Announces Dividend Increase&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/chemung-financial-corporation-announces-dividend-increase-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-19T21:34:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM2MTI2OSM2NzU5MTkwIzIwMTcyOTY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chemung-financial-corporation-announces-dividend-increase-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chemung-financial-corporation-announces-dividend-increase-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Chemung Financial Corporation Announces Dividend Increase\",\"datePublished\":\"2025-02-19T21:34:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chemung-financial-corporation-announces-dividend-increase-2\\\/\"},\"wordCount\":210,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chemung-financial-corporation-announces-dividend-increase-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTM2MTI2OSM2NzU5MTkwIzIwMTcyOTY=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chemung-financial-corporation-announces-dividend-increase-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chemung-financial-corporation-announces-dividend-increase-2\\\/\",\"name\":\"Chemung Financial Corporation Announces Dividend Increase - 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This represents a dividend increase of 3.2%. \u201cAs a result of our Corporation\u2019s strong financial performance, we are pleased to reward our shareholders with an increase to the quarterly dividend,\u201d stated Anders M. Tomson, President and CEO of Chemung Financial Corporation.\u00a0 Chemung Financial Corporation is a $2.8 billion financial services holding company headquartered in Elmira, New York and operates 30 &hellip; Continue reading \"Chemung Financial Corporation Announces Dividend Increase\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/chemung-financial-corporation-announces-dividend-increase-2\/","og_site_name":"Market Newsdesk","article_published_time":"2025-02-19T21:34:32+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM2MTI2OSM2NzU5MTkwIzIwMTcyOTY=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/chemung-financial-corporation-announces-dividend-increase-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/chemung-financial-corporation-announces-dividend-increase-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Chemung Financial Corporation Announces Dividend Increase","datePublished":"2025-02-19T21:34:32+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/chemung-financial-corporation-announces-dividend-increase-2\/"},"wordCount":210,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/chemung-financial-corporation-announces-dividend-increase-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM2MTI2OSM2NzU5MTkwIzIwMTcyOTY=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/chemung-financial-corporation-announces-dividend-increase-2\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/chemung-financial-corporation-announces-dividend-increase-2\/","name":"Chemung Financial Corporation Announces Dividend Increase - 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