ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a regular quarterly cash dividend of 54 cents per share for the second quarter. The dividend is payable on May 17, to common shareholders of record on May 11. The dividend is the same amount the […]
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a regular quarterly cash dividend of 54 cents per share for the second quarter.
The dividend is payable on May 17, to common shareholders of record on May 11. The dividend is the same amount the banking company paid in each of the last two quarters, but is almost 4 percent higher than the cash dividend of 52 cents it paid in last year’s third quarter.
At Tompkins Financial’s current stock price, the payment yields about 2.75 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.