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Chemung Financial boosts quarterly dividend by 4 percent

ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) has declared a quarterly cash dividend of 26 cents a share, payable on April 1, to common stock shareholders of record as of the close of business on March 18. The dividend is four percent higher than the 25 cents a share the company paid last quarter.

Chemung Financial is a $1.2 billion financial-services holding company headquartered in Elmira. It operates 28 branch offices through its main subsidiary — Chemung Canal Trust Company, a full-service community bank established in 1833.

Chemung Financial is also the parent of CFS Group, Inc., which offers mutual funds, annuities, brokerage services, tax preparation services, and insurance.

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