Chemung Financial Announces Dividend Increase

An announcement from Chemung Financial ( (CHMG) ) is now available.

On August 19, 2025, Chemung Financial Corporation announced a dividend increase of $0.02 per share, resulting in a quarterly cash dividend of $0.34 per share, payable on October 1, 2025, to shareholders of record as of September 17, 2025. This marks the second dividend increase in 2025, representing a 6.3% rise over the previous quarter’s dividend and bringing the total increase for the year to 9.7%.

The most recent analyst rating on (CHMG) stock is a Buy with a $59.00 price target. To see the full list of analyst forecasts on Chemung Financial stock, see the CHMG Stock Forecast page.

Spark’s Take on CHMG Stock

According to Spark, TipRanks’ AI Analyst, CHMG is a Outperform.

Chemung Financial’s overall score is driven by strong financial performance and positive technical indicators. Strategic corporate events support long-term growth but may induce short-term losses. Valuation metrics suggest potential overvaluation, tempered by a reasonable dividend yield.

To see Spark’s full report on CHMG stock, click here.

More about Chemung Financial

Chemung Financial Corporation is a $2.9 billion financial services holding company headquartered in Elmira, New York. It operates 30 offices through its principal subsidiary, Chemung Canal Trust Company, a full-service community bank with full trust powers. Established in 1833, Chemung Canal Trust Company is the oldest locally-owned and managed community bank in New York State. Chemung Financial Corporation is also the parent of CFS Group, Inc., offering non-traditional services such as mutual funds, annuities, brokerage services, tax preparation services, and insurance.

Average Trading Volume: 14,591

Technical Sentiment Signal: Strong Buy

Current Market Cap: $244M

Find detailed analytics on CHMG stock on TipRanks’ Stock Analysis page.