Tompkins Financial Corporation Announces Dividend Plans for Shareholders
Tompkins Financial Corporation Declares Quarterly Dividend
Recently, Tompkins Financial Corporation (NYSE American: TMP) declared its commitment to providing shareholder value through the announcement of its latest quarterly cash dividend. This decision reflects the corporation's ongoing dedication to financial sustainability and rewarding its stakeholders.
Details of the Cash Dividend
The Board of Directors has sanctioned a regular quarterly cash dividend of $0.62 per share. This dividend is set to be disbursed on February 21, 2025, to all common shareholders recorded as of February 14, 2025. The timely issuance of dividends is essential for maintaining investor confidence and demonstrating the organization's solid financial performance.
Overview of Tompkins Financial Corporation
Headquartered in Ithaca, New York, Tompkins Financial Corporation operates as a comprehensive banking and financial services provider. Serving the Central and Western regions of New York and the Southeastern region of Pennsylvania, Tompkins has established a strong presence that underscores its commitment to community engagement and service excellence.
Financial Services Offered
Tompkins Financial stands as the parent company to Tompkins Community Bank and Tompkins Insurance Agencies, Inc. The organization also provides integrated wealth management services through Tompkins Financial Advisors. Its diversified service offerings cater to the varying financial needs of both individual and corporate clients.
Community Commitment and Growth
Tompkins Financial Corporation's growth trajectory is not only attributed to its comprehensive financial solutions but also to its active community involvement. The organization continually seeks opportunities to participate in local initiatives that foster economic development and social well-being.
Sustaining Financial Performance
The reliability of Tompkins Financial’s dividend payments is a clear reflection of its robust financial health. By consistently returning value to shareholders, the company affirms its mission of creating a sustainable and prosperous economic environment for its stakeholders and the communities it serves.
Frequently Asked Questions
What is the amount of the quarterly dividend declared by Tompkins Financial?
The quarterly cash dividend declared is $0.62 per share.
When will the dividend be paid?
The dividend payment is scheduled for February 21, 2025.
Who qualifies for the dividend payment?
Common shareholders of record on February 14, 2025, will qualify for the dividend payment.
What services does Tompkins Financial Corporation provide?
Tompkins Financial Corporation offers banking, insurance, and wealth management services to clients.
What is the significance of the dividend declaration?
The dividend declaration signifies Tompkins Financial's ongoing commitment to shareholder value and financial performance.
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