Chemung Financial (CHMG) Announces Quarterly Dividend of $0.26
Chemung Financial (NASDAQ:CHMG) declared a quarterly dividend on Friday, August 22nd, Stock Ratings News reports. Shareholders of record on Wednesday, September 17th will be given a dividend of 0.26 per share on Wednesday, October 1st. This represents a $1.04 dividend on an annualized basis and a yield of 3.74%.
Shares of Chemung Financial (NASDAQ:CHMG) traded up 0.93% during mid-day trading on Friday, hitting $28.10. 1,510 shares of the company’s stock traded hands. Chemung Financial has a 52 week low of $26.81 and a 52 week high of $36.00. The stock’s 50-day moving average is $28.47 and its 200-day moving average is $28.58. The company has a market cap of $129.8 million and a price-to-earnings ratio of 16.98.
In other Chemung Financial news, Director Thomas R. Tyrrell bought 2,500 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was purchased at an average cost of $28.53 per share, for a total transaction of $71,325.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Chemung Financial Corporation is a financial holding company. The Company was organized for the purpose of acquiring Chemung Canal Trust Company (NASDAQ:CHMG).
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