Chemung Financial Declares Quarterly Dividend
Ticker: CHMG · Form: 8-K · Filed: Jul 11, 2024 · CIK: 763563
Sentiment: neutral
Topics: dividend, shareholder-return
Related Tickers: CHMG
TL;DR
Chemung Financial (CHMG) declared a $0.34/share dividend, payable Aug 15.
AI Summary
Chemung Financial Corporation announced on July 11, 2024, that its Board of Directors declared a quarterly cash dividend of $0.34 per share on July 9, 2024. This dividend is payable on August 15, 2024, to shareholders of record as of August 1, 2024.
Why It Matters
This regular dividend payment 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 announcement of a quarterly dividend, which is a standard corporate action.
Key Numbers
- $0.34 — Quarterly Dividend Per Share (Amount declared by the Board of Directors.)
Key Players & Entities
- Chemung Financial Corporation (company) — Registrant
- $0.34 (dollar_amount) — Quarterly cash dividend per share
- July 11, 2024 (date) — Date of report
- July 9, 2024 (date) — Date of earliest event reported (dividend declaration)
- August 15, 2024 (date) — Payment date for the dividend
- August 1, 2024 (date) — Record date for the dividend
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 was the quarterly cash dividend declared?
The quarterly cash dividend was declared on July 9, 2024.
When will the declared dividend be paid to shareholders?
The dividend is scheduled to be paid on August 15, 2024.
Who is eligible to receive this dividend payment?
Shareholders of record as of August 1, 2024, will receive the dividend payment.
What is the trading symbol for Chemung Financial Corporation?
The filing mentions that Chemung Financial Corporation's securities are registered pursuant to Section 12(b) of the Exchange Act, but the specific trading symbol is not provided in the excerpt.
Filing Stats: 457 words · 2 min read · ~2 pages · Grade level 11.9 · Accepted 2024-07-11 17:15:53
Key Financial Figures
- $0.01 — ch registered Common stock, par value $0.01 per share CHMG Nasdaq Stock Market LL
Filing Documents
- f8k_071124.htm (8-K) — 24KB
- exh_991.htm (EX-99.1) — 7KB
- logo.jpg (GRAPHIC) — 9KB
- 0001171843-24-003911.txt ( ) — 213KB
- chmg-20240709.xsd (EX-101.SCH) — 3KB
- chmg-20240709_lab.xml (EX-101.LAB) — 33KB
- chmg-20240709_pre.xml (EX-101.PRE) — 22KB
- f8k_071124_htm.xml (XML) — 3KB
01 OTHER ITEMS
ITEM 8.01 OTHER ITEMS On July 9, 2024, Chemung Financial Corporation ("the Corporation") announced that Chemung Canal Trust Company ("the Bank"), a wholly-owned subsidiary of the Corporation, plans to expand its operations in Western New York with a new office located at 5529 Main Street, Williamsville, New York. The new branch will operate as a regional banking center as Canal Bank, a division of Chemung Canal Trust Company. The press release is furnished as Exhibits 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 Canal Trust Company dated July 9, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES 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 July 11, 2024 By: /s/ Dale M. McKim, III Dale M. McKim, III Chief Financial Officer and Treasurer