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Tompkins Financial (Tompkins Financial) 3-Year Dividend Growth Rate

: 15.00% (As of Dec. 2023)
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Tompkins Financial's Dividends per Share for the three months ended in Dec. 2023 was $0.60.

The historical rank and industry rank for Tompkins Financial's 3-Year Dividend Growth Rate or its related term are showing as below:

TMP' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -4.6   Med: 5.7   Max: 20.2
Current: 15

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tompkins Financial was 20.20% per year. The lowest was -4.60% per year. And the median was 5.70% per year.

TMP's 3-Year Dividend Growth Rate is ranked better than
72.39% of 786 companies
in the Banks industry
Industry Median: 7.3 vs TMP: 15.00

During the past 12 months, Tompkins Financial's average Dividends Per Share Growth Rate was 3.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 15.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Tompkins Financial's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.57. As of today, Tompkins Financial's Dividend Yield % is 5.41%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tompkins Financial Corp is 3.75, which seems too high.

Good Sign:

Tompkins Financial Corp stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Banks - Regional subindustry, Tompkins Financial's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tompkins Financial 3-Year Dividend Growth Rate Distribution

For the Banks industry and Financial Services sector, Tompkins Financial's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Tompkins Financial's 3-Year Dividend Growth Rate falls into.



Tompkins Financial 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Tompkins Financial  (AMEX:TMP) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Tompkins Financial's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.6/ 1.05
=0.57

During the past 13 years, the highest Dividend Payout Ratio of Tompkins Financial was 3.75. The lowest was 0.30. And the median was 0.40.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tompkins Financial Corp is 3.75, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Tompkins Financial Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6002024-02-082024-02-092024-02-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.6002023-11-062023-11-072023-11-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.6002023-07-312023-08-012023-08-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.6002023-05-082023-05-092023-05-16Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Tompkins Financial's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.4/44.22
=5.43 %

Current Share Price is $44.22.
Tompkins Financial's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.4.

During the past 13 years, the highest Dividend Yield of Tompkins Financial was 5.48%. The lowest was 1.71%. And the median was 2.76%.

Good Sign:

Tompkins Financial Corp stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tompkins Financial 3-Year Dividend Growth Rate Related Terms>


Tompkins Financial (Tompkins Financial) Business Description

Traded in Other Exchanges
Address
118 East Seneca Street, P.O Box 460, Ithaca, NY, USA, 14851
Tompkins Financial Corp is a Financial Holding Company. It has three business segments, consisting of banking, insurance and wealth management. It offers various products and services, including commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, and insurance. Insurance is comprised of property and casualty insurance services and employee benefit consulting. Wealth management activities include the results of the company's trust, financial planning, and wealth management services.
Executives
Charles J Guarino officer: SVP Chief Bank Operations Off. 220 LIBERTY STREET, WARSAW NY 14569
David Kershaw officer: SVP, PAO PO BOX 460, ITHACA NY 14851
Matthew D Tomazin officer: EVP, CFO & Treasurer PO BOX 460, ITHACA NY 14851
Johanna B Anderson officer: Officer: EVP, Pres., TCB CNY PO BOX 460, ITHACA NY 14851
Alfred J Weber director 5 FOXGLOVE LANE, READING PA 19606
John D Mcclurg director PO BOX 460, ITHACA NY 14851
Nancy E. Catarisano director 27 FAIRPORT DRIVE, FAIRPORT NY 14450
Angela B Lee director PO BOX 460, ITHACA NY 14851
Diane D Torcello officer: EVP & President, Tompkins WNY PO BOX 460, ITHACA NY 14851
Gregory J Hartz officer: Executive Vice Pres. C/O TOMPKINS TRUSTCO, INC., P.O. BOX 460, ITHACA NY 14851
Francis M Fetsko officer: EVP, CFO, Treasurer C/O TOMKINS TRUSTCO, INC., PO BOX #460, ITHACA NY 14851
Ita M Rahily director P.O. BOX 460, ITHACA NY 14851
Ginger G Kunkel officer: President TCB Pennsylvania 389 COAL MOUNTAIN ROAD, ORWIGSBURG PA 17961
Scott L Gruber officer: EVP, Pres & CEO, VIST Bank 1240 BROADCASTING RD., WYOMISSING PA 19610
John M Mckenna officer: EVP, Tompkins Bank of Castile P.O. BOX 460, ITHACA NY 14851

Tompkins Financial (Tompkins Financial) Headlines