ITHACA — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has authorized payment of a regular quarterly cash dividend of 61 cents per share for the second quarter of this year. The dividend amount is up 1 cent per share, or 1.6 percent, from the dividend of 60 cents a share […]
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ITHACA — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has authorized payment of a regular quarterly cash dividend of 61 cents per share for the second quarter of this year.
The dividend amount is up 1 cent per share, or 1.6 percent, from the dividend of 60 cents a share that Tompkins Financial paid in the second quarter of 2023.
The new dividend is payable on May 17, to common shareholders of record on May 10.
At Tompkins Financial’s current stock price, the payment yields about 5.3 percent on an annual basis.
Tompkins Financial is a banking and financial-services company serving the Central, Western, and Hudson Valley regions of New York and the Southeastern region of Pennsylvania. Headquartered in Ithaca, Tompkins Financial is parent to Tompkins Community Bank and Tompkins Insurance Agencies, Inc., and offers wealth-management services through Tompkins Financial Advisors.