SmarterDividends
CHMG

Chemung Financial (CHMG) Dividend

Chemung Financial Corporation · Financial Services · Banks - Regional · quarterly payer

$84.75

Overvalued · -22% Add to Portfolio

As of Nov 8, 2026, Chemung Financial (CHMG) pays a quarterly dividend of $0.36 per share, or $1.44 a year, a 1.70% yield at its $84.75 share price. It pays every quarter, usually in January, April, July and October. It has a dividend safety grade of A.

Forward Yield

1.70%

Annual Dividend

$1.44

Payout Ratio

17%

5-Yr Growth

4.9%

Ex-Date

Sep 17, 2026

Frequency

Quarterly

Key facts about CHMG's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Chemung Financial Corporation (CHMG) has a forward dividend yield of 1.70%, based on an annual dividend of $1.44 per share and a share price of $84.75.
  • As of Nov 8, 2026, CHMG's dividend safety grade from SmarterDividends is A (97 out of 100), which rates the dividend as very safe.
  • CHMG has never cut its regular dividend in the payment history SmarterDividends has on record.
  • CHMG's most recent ex-dividend date was Sep 17, 2026, for a dividend of $0.36 per share.
  • As of Nov 8, 2026, CHMG pays out 17% of its trailing 12-month earnings as dividends (its payout ratio).
  • CHMG's dividend has grown at an average rate of 4.9% a year over the past five years.
  • As of Nov 8, 2026, CHMG's 1.70% yield is 38% below its five-year average yield of 2.73%.
  • As of Nov 8, 2026, SmarterDividends' blended fair-value estimate for CHMG is $65.91 per share, 22% below the $84.75 share price, so CHMG screens as overvalued.
  • Chemung Financial Corporation (CHMG) pays its dividend quarterly, 4 times a year.
  • Chemung Financial Corporation (CHMG) has raised its regular dividend 8 times and cut it 0 times across the 104 payments on record since 2000. Its most recent change was a 5.9% increase to $0.360 per share, going ex-dividend on Sep 17, 2026.
Cite this page

SmarterDividends, "CHMG Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 8, 2026, https://smarterdividends.com/stocks/CHMG

Is CHMG a good dividend stock?

Yes

Chemung Financial Corporation (CHMG) pays a quarterly dividend yielding 1.70% ($1.44/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (17%)
  • 79% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
1.70%
Payout Ratio
17%
Annual Dividend
$1.44
5-Yr Avg Growth
4.9%
Ex-Dividend Date
Sep 17, 2026
Years of Growth
1
Frequency
quarterly
Beta
0.60
Market Cap
$408.7M
P/E Ratio
10.6
5-Yr Total Return
79%
52-Week Range
$50.21 – $89.34
Dividend Safety
A · 97/100
Ever Cut?
No

CHMG dividend raises and cuts

Chemung Financial Corporation (CHMG) has raised its regular dividend 8 times and cut it 0 times across the 104 payments on record since 2000. Its most recent change was a 5.9% increase to $0.360 per share, going ex-dividend on Sep 17, 2026.

Ex-dateChangeOld → newMove
Sep 17, 2026Raise$0.340 → $0.360+5.9%
Sep 17, 2025Raise$0.320 → $0.340+6.3%
Mar 18, 2025Raise$0.310 → $0.320+3.2%
Jun 16, 2021Raise$0.260 → $0.310+19.2%
Mar 14, 2013Raise$0.250 → $0.260+4.0%
Dec 13, 2007Raise$0.240 → $0.250+4.2%
Dec 22, 2004Raise$0.230 → $0.240+4.3%
Sep 19, 2001Raise$0.220 → $0.230+4.5%
Every CHMG payment →Download every raise and cut (CSV)
CHMG ex-dividend date & scheduleNext ex-date Sep 17, 2026 · full ex-dividend historyView →CHMG dividend historyEvery payment, totals by year, raises and cutsView →CHMG dividend calculator100 shares pay $144.00 a year, $36.00 each quarterCalculate →CHMG total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is CHMG a good dividend stock?

Yes. Chemung Financial Corporation (CHMG) pays a quarterly dividend yielding 1.70% ($1.44/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is CHMG undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CHMG's fair value is about $65.91 versus a $84.75 share price — so it looks overvalued (-22% vs. fair value).

Is CHMG's dividend safe?

CHMG has a dividend-safety grade of A (97/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is CHMG's fair value?

Our blended fair-value estimate for CHMG is about $65.91 per share, about 22% below the current $84.75 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is CHMG a buy, hold, or sell?

We don't issue formal ratings, but on the data CHMG screens as "yes" and overvalued. Chemung Financial Corporation (CHMG) pays a quarterly dividend yielding 1.70% ($1.44/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will CHMG cut its dividend?

CHMG earns a dividend-safety grade of A (97/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does CHMG pay a dividend?

Yes. Chemung Financial Corporation pays a quarterly dividend of about $1.44 per share annually, a forward yield of roughly 1.70%.

How much dividend does 100 shares of CHMG pay?

At $1.44 per share a year, 100 shares of CHMG pay $144.00 a year in dividends before tax, about $36.00 each quarter. Buying them costs about $8,475 at the Nov 8, 2026 price.

What is CHMG's dividend yield?

As of Nov 8, 2026, CHMG's forward dividend yield is 1.70%, based on a $1.44 annual dividend and a $84.75 share price.

What is CHMG's dividend per share?

As of Nov 8, 2026, CHMG pays $1.44 per share per year, distributed on a quarterly basis.

What is CHMG's dividend payout ratio?

As of Nov 8, 2026, CHMG's payout ratio is 17% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has CHMG grown its dividend?

As of Nov 8, 2026, CHMG has increased its dividend for 1 consecutive years.

When is the next CHMG ex-dividend date?

As of Nov 8, 2026, CHMG's next ex-dividend date hasn't been announced. The most recent was Sep 17, 2026, for $0.36 per share.

CHMG Dividend News

CHMG
IncreaseCHMG·Sep 21, 2026

Chemung Financial Raises Quarterly Dividend 5.88%

Chemung Financial increased its quarterly payout to $0.36 a share, lifting the annual dividend to $1.44 and the forward yield to 1.73%.

Income Calculator

At $1.44 / yr per share

Per payment (quarterly)$36.00
Annual$144.00
Monthly avg$12.00
Full CHMG dividend calculator →

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