CHMG (Chemung Financial) Dividend Payout Ratio : 0.26 (As of Sep. 2024)

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What is Chemung Financial Dividend Payout Ratio?

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 Sep. 2024 was 0.26.

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: 0.3 Max: 0.74
Current: 0.27

During the past 13 years, the highest Dividend Payout Ratio of Chemung Financial was 0.74. The lowest was 0.20. And the median was 0.30.

CHMG's Dividend Payout Ratio is ranked better than
67.94% of 1154 companies
in the Banks industry
Industry Median: 0.34 vs CHMG: 0.27

As of today (2024-12-13), the Dividend Yield % of Chemung Financial is 2.26%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Chemung Financial was 4.24%. The lowest was 1.97%. And the median was 2.72%.

Chemung Financial's Dividends per Share for the months ended in Sep. 2024 was $0.31.

During the past 3 years, the average Dividends Per Share Growth Rate was 6.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.80% 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 1.00% per year. And the median was 2.30% 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 Dividend Payout Ratio Historical Data

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.

* Premium members only.

Chemung Financial Dividend Payout Ratio Chart

Chemung Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.33

0.26

0.21

0.20

0.24

Chemung Financial Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.26	0.38	0.21	0.30	0.26

Competitive Comparison of Chemung Financial's Dividend Payout Ratio

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's Dividend Payout Ratio Distribution in the 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.

Chemung Financial Dividend Payout Ratio Calculation

Chemung Financial's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.24	/	5.28
	=	0.23

Chemung Financial's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.31	/	1.19
	=	0.26

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

Thank you for viewing the detailed overview of Chemung Financial's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Chemung Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Chemung Financial Corp (NAS:CHMG) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Chemung Canal Plaza, Elmira, NY, USA, 14901

Website

https://www.chemungcanal.com

Chemung Financial Corp is a bank holding firm. It provides financial services, including demand, savings, and time deposits, commercial, residential, and consumer loans, letters of credit, wealth management services, employee benefit plans, securities, and insurance brokerage services. Its business operations are organized into two lines of business: Banking, and Wealth Management services. It derives its revenues from the core banking business.

Executives

Loren D Cole	officer: Executive Vice President	ONE CHEMUNG CANAL PLAZA, ELMIRA NY 14901
Tranter G. Thomas Jr.	director	ONE CHEMUNG CANAL PLAZA, ELMIRA NY 14901
Thomas W Wirth	officer: Senior Vice President	ONE CHEMUNG CANAL PLAZA, P.O. BOX 1522, ELMIRA NY 14902-1522
Daniel D Fariello	officer: President, Capital Bank Div.	ONE CHEMUNG CANAL PLAZA, PO BOX 1522, ELMIRA NY 14902-1522
Archibold Raimundo C. Jr	director	ONE CHEMUNG CANAL PLAZA, PO BOX 1522, ELMIRA NY 14902-1522
Meade Joseph F Iv	director	ONE CHEMUNG CANAL PLAZA, PO BOX 1522, ELMIRA NY 14902-1522
Mckim Dale M. Iii	officer: EVP, CFO & Treasurer	ONE CHEMUNG CANAL PLAZA, PO BOX 1522, ELMIRA NY 14902-1522
Jeffrey P. Kenefick	officer: Regional President	ONE CHEMUNG CANAL PLAZA, PO BOX 1522, ELMIRA NY 14902-1522
Thomas R. Tyrrell	director	ONE CHEMUNG CANAL PLAZA, ELMIRA NY 14901
John J Stempin	officer: Controller	ONE CHEMUNG CANAL PLAZA, PO BOX 1522, ELMIRA NY 14902-1522
Ronald M Bentley	officer: President & COO	ONE CHEMUNG CANAL PLAZA, ELMIRA NY 14901
Koen G. Long	officer: Controller	ONE CHEMUNG CANAL PLAZA, PO BOX 1522, ELMIRA NY 14902-1522
Denise V Gonick	director	ONE CHEMUNG CANAL PLAZA, PO BOX 1522, ELMIRA NY 14902-1522
Jeffrey B Streeter	director	ONE CHEMUNG CANAL PLAZA, PO BOX 1522, ELMIRA NY 14902-1522
Robert H Dalrymple	director, 10 percent owner	ONE CHEMUNG CANAL PLAZA, PO BOX 1522, ELMIRA NY 14902-1522