CHMG (Chemung Financial) Dividend Payout Ratio: 0.18 (As of Mar. 2026) — 31% Below Median


CHMG Chemung Financial Corp CHMG
58 GF Score
Price $74.60
GF Value $51.55
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Chemung Financial Dividend Payout Ratio?

Chemung Financial CHMG -2.33% 58 Dividend Payout Ratio is 0.18 as of Mar. 2026, which is 31% below its 10-year median of 0.26. GuruFocus rates CHMG with a GF Score™ of 58/100 and a GF Value™ of $51.55 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,169 Banks companies, Chemung Financial ranks better than 76.65% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Chemung Financial's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.18.

The historical rank and industry rank for Chemung Financial's Dividend Payout Ratio or its related term are showing as below:

CHMG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.26   Max: 0.49
Current: 0.21

During the past 13 years, the highest Dividend Payout Ratio of Chemung Financial was 0.49. The lowest was 0.20. And the median was 0.26.

CHMG's Dividend Payout Ratio is ranked better than
76.65% of 1169 companies
in the Banks industry
Industry Median: 0.32 vs CHMG: 0.21

As of today (2026-07-03), the Dividend Yield % of Chemung Financial is 1.82%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Chemung Financial was 4.24%. The lowest was 1.77%. And the median was 2.57%.

Chemung Financial's Dividends per Share for the months ended in Mar. 2026 was $0.34.

During the past 12 months, Chemung Financial's average Dividends Per Share Growth Rate was 7.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Chemung Financial was 16.80% per year. The lowest was 0.00% per year. And the median was 1.40% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Chemung Financial (NAS:CHMG) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Chemung Financial Dividend Payout Ratio Related Terms

Chemung Financial Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Chemung Financial's Dividend Payout Ratio can be seen below:

* 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.

Chemung Financial Dividend Payout Ratio Chart

Chemung Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.20 0.25 0.25 0.23

Chemung Financial Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.24 0.21 0.21 0.18

CHMG vs AVBH, BCML, CZFS: Dividend Payout Ratio Comparison

For the Banks - Regional subindustry, Chemung Financial's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Chemung Financial Dividend Payout Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Chemung Financial's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Chemung Financial's Dividend Payout Ratio falls into.


CHMG
58GF Score
Chemung Financial Corp CHMG
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chemung Financial Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Chemung Financial's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=1.32/ 5.8
=0.23

Chemung Financial's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.34/ 1.91
=0.18

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.18 mean?
Chemung Financial (CHMG) has a Dividend Payout Ratio of 0.18 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Chemung Financial and its competitors. This is 31% below median its historical median of 0.26. Over the past decade, Chemung Financial's Dividend Payout Ratio has ranged from 0.20 to 0.49. According to the industry distribution chart, Chemung Financial ranks #273 out of 1169 companies in the Banks industry, placing it in the top 23.4%.
Is Chemung Financial's Dividend Payout Ratio too high?
Chemung Financial's current Dividend Payout Ratio of 0.18 is 31% below median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.49. The Banks industry median Dividend Payout Ratio is 0.32. Chemung Financial's value of 0.18 is 43.8% below this industry median. Based on the distribution chart, Chemung Financial ranks #273 out of 1169 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Chemung Financial has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chemung Financial's Dividend Payout Ratio compare to AVBH and BCML?
According to the Banks industry distribution chart, Chemung Financial ranks #273 out of 1169 companies for Dividend Payout Ratio. This places Chemung Financial in the top 23% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.32. Chemung Financial's value of 0.18 is 43.8% below this benchmark. Historically, Chemung Financial's own Dividend Payout Ratio has ranged from 0.20 to 0.49 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.32, Chemung Financial has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Banks company?
The median Dividend Payout Ratio among Banks companies is 0.32, based on 1,169 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chemung Financial's current Dividend Payout Ratio of 0.18 is 43.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Chemung Financial and its competitors. For the Banks industry, the median Dividend Payout Ratio is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chemung Financial's current Dividend Payout Ratio is 0.18, which is 31% below median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chemung Financial stock overvalued right now?
Based on GuruFocus' analysis, Chemung Financial (CHMG) is currently considered Significantly Overvalued. The stock's GF Value™ is $51.55, compared to a current price of $74.60 — trading 44.7% above its estimated fair value. The current Dividend Payout Ratio is 0.18, which is 31% below median its 10-year median of 0.26 and 43.8% below the Banks industry median of 0.32. Chemung Financial's overall GF Score™ is 58/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Chemung Financial (CHMG), the current Dividend Payout Ratio is 0.18 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Chemung Financial (CHMG) Overvalued in 2026?

Based on GuruFocus' analysis, Chemung Financial stock appears to be overvalued. The current stock price of $74.60 is trading 44.7% above its estimated GF Value™ of $51.55. GuruFocus considers Chemung Financial to be Significantly Overvalued.

Key valuation signals for CHMG:

  • Dividend Payout Ratio: 0.18 (31% below median its 10-year median of 0.26)
  • GF Value™: $51.55 vs. price of $74.60 (44.7% above fair value)
  • GF Score™: 58/100 with 8 warning signs
  • Industry Position: 43.8% below the Banks median (#273 of 1169)

No single metric tells the full story. See the CHMG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Chemung Financial Business Description

Address One Chemung Canal Plaza, Elmira, NY, USA, 14901
Chemung Financial Corp is a bank holding firm. Through its subsidiaries, the company provides various financial services, including demand, savings, and time deposits, commercial, residential, and consumer loans, letters of credit, wealth management services, employee benefit plans, insurance products, mutual funds, and brokerage services, among others. The company's reportable segments are Core Banking, Wealth Management (WMG) services, and Holding company and CFS. Maximum revenue is generated from the Core Banking segment, which derives revenue by attracting deposits from the general public and using such funds to originate different types of loans, and to invest in securities. The Wealth Management (WMG) services segment provides trust and investment advisory services to clients.
58GF Score

Get the complete analysis for CHMG

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$74.60
Price
$51.55
GF Value