Chemung Financial Declares Quarterly Dividend
Ticker: CHMG · Form: 8-K · Filed: May 21, 2024 · CIK: 763563
Sentiment: neutral
Topics: dividend, shareholder-return
Related Tickers: CHMG
TL;DR
CHMG is paying out another $0.34/share dividend on June 14th.
AI Summary
Chemung Financial Corporation (CHMG) announced on May 21, 2024, that its Board of Directors has declared a quarterly cash dividend of $0.34 per share. This dividend is payable on June 14, 2024, to shareholders of record as of June 7, 2024. This marks a continuation of their regular dividend payout schedule.
Why It Matters
This dividend declaration indicates the company's continued financial stability and commitment to returning value to its shareholders.
Risk Assessment
Risk Level: low — The filing is a routine dividend declaration, which is a standard corporate action with low inherent risk.
Key Numbers
- $0.34 — Quarterly Dividend per Share (Amount to be paid to shareholders)
Key Players & Entities
- Chemung Financial Corporation (company) — Registrant
- CHMG (company) — Ticker Symbol
- May 21, 2024 (date) — Date of Report
- $0.34 (dollar_amount) — Quarterly Dividend per Share
- June 14, 2024 (date) — Payment Date
- June 7, 2024 (date) — Record Date
FAQ
What is the amount of the quarterly cash dividend declared by Chemung Financial Corporation?
Chemung Financial Corporation declared a quarterly cash dividend of $0.34 per share.
When is the payment date for the declared dividend?
The dividend is payable on June 14, 2024.
Who is eligible to receive this dividend?
Shareholders of record as of June 7, 2024, are eligible to receive the dividend.
What is the ticker symbol for Chemung Financial Corporation?
The ticker symbol for Chemung Financial Corporation is CHMG.
What type of event is reported in this 8-K filing?
This 8-K filing reports 'Other Events', specifically the declaration of a quarterly cash dividend.
Filing Stats: 458 words · 2 min read · ~2 pages · Grade level 9.9 · Accepted 2024-05-21 16:21:09
Key Financial Figures
- $0.01 — ich registered Common stock, par value $0.01 per share CHMG The Nasdaq Stock Market
- $0.31 — g the declaration of a cash dividend of $0.31 per share, payable July 1, 2024, to com
Filing Documents
- f8k_052124.htm (8-K) — 14KB
- exh_991.htm (EX-99.1) — 2KB
- 0001171843-24-003027.txt ( ) — 210KB
- gnw-20190101.xsd (EX-101.SCH) — 3KB
- gnw-20190101_def.xml (EX-101.DEF) — 25KB
- gnw-20190101_lab.xml (EX-101.LAB) — 33KB
- gnw-20190101_pre.xml (EX-101.PRE) — 22KB
- f8k_052124_htm.xml (XML) — 3KB
01. Other Events
Item 8.01. Other Events. On May 21, 2024, Chemung Financial Corporation (Nasdaq: CHMG) issued a press release announcing the declaration of a cash dividend of $0.31 per share, payable July 1, 2024, to common stock shareholders of record as of the close of business on June 17, 2024. A copy of the press release is attached as Exhibit 99.1 to this report.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. 99.1 Press Release of Chemung Financial Corporation dated May 21, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CHEMUNG FINANCIAL CORPORATION Date: May 21, 2024 By: /s/ Dale M. McKim III Dale M. McKim III Chief Financial Officer and Treasurer