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Tompkins Financial to pay Q1 dividend of 54 cents on Feb. 16

Tompkins Financial Corp.’s branch office at 6872 East Genesee St. in the town of DeWitt. (RAVIV NESHER/ CNYBJ FILE PHOTO)

ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors approved payment of a regular quarterly cash dividend of 54 cents a share for the first quarter. The dividend is payable on Feb. 16, to common shareholders of record as of Feb. 9. The dividend is the same amount the […]

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ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors approved payment of a regular quarterly cash dividend of 54 cents a share for the first quarter.

The dividend is payable on Feb. 16, to common shareholders of record as of Feb. 9. The dividend is the same amount the banking company paid in the fourth quarter of 2020, but represents a nearly 4 percent increase over the cash dividend of 52 cents it paid in the third quarter.

At Tompkins Financial’s current stock price, the payment yields about 3.1 percent on an annual basis.

Tompkins Financial is a financial-services firm serving the Central, Western, and Hudson Valley regions of New York and the Southeastern part of Pennsylvania. Headquartered in Ithaca, Tompkins Financial is parent of Tompkins Trust Company, Tompkins Bank of Castile, Tompkins Mahopac Bank, Tompkins VIST Bank, and Tompkins Insurance Agencies, Inc. It also offers wealth-management services through Tompkins Financial Advisors.

Jornal Staff