Chemung Financial Corp Stock Dividends
CHMG pays dividends quarterly. Last paid amount was $0.310 at Apr 01, 2024. As of today, dividend yield (TTM) is 2.95%.
Dividend Yield Range
AI Analysis of CHMG
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.95% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.310 |
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Chemung Financial Corp has not yet announced its next dividend date. Last payment date was: Apr 01, 2024.
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CHMG Dividend Payout History
To ensure a understanding of CHMG's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 21, 2024 | Mar 15, 2024 | Apr 01, 2024 | $0.310 | 0.741% |
| 2 | Nov 15, 2023 | Dec 18, 2023 | Jan 02, 2024 | $0.310 | 0.621% |
| 3 | Aug 16, 2023 | Sep 15, 2023 | Oct 02, 2023 | $0.310 | 0.783% |
| 4 | May 17, 2023 | Jun 16, 2023 | Jul 03, 2023 | $0.310 | 0.80% |
| 5 | Feb 15, 2023 | Mar 17, 2023 | Apr 03, 2023 | $0.310 | 0.748% |
| 6 | Nov 16, 2022 | Dec 19, 2022 | Jan 03, 2023 | $0.310 | 0.683% |
| 7 | Aug 17, 2022 | Sep 16, 2022 | Oct 03, 2022 | $0.310 | 0.731% |
| 8 | May 18, 2022 | Jun 16, 2022 | Jul 01, 2022 | $0.310 | 0.664% |
| 9 | Feb 16, 2022 | Mar 17, 2022 | Apr 01, 2022 | $0.310 | 0.662% |
| 10 | Nov 19, 2021 | Dec 17, 2021 | Jan 03, 2022 | $0.310 | 0.682% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
CHMG Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from CHMG dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in CHMG stock here.
Comparing CHMG to Sector and Country
CHMG pays a solid dividend yield of 2.95%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.89%). CHMG’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.07%), which means that there are more attractive dividend stocks to consider.
CHMG Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Norwood Financial Corp. | 195.049M | $0.300 | 4.25% | 45.74% | |
| The Bank of Princeton | 190.43M | $0.300 | 4.13% | 29.32% | |
| Westfield Financial Inc | 139.203M | $0.0700 | 4.05% | 35.62% | |
| Silvercrest Asset Management Group Inc. | 143.133M | - | 3.23% | 62.46% | |
| Chemung Financial Corp | 206.654M | $0.310 | 2.95% | 17.70% |
