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| CHMG Ex-Dividend Reminder - 12/18/23By Dividend Channel Staff, Thursday, December 14, 11:53 AM ET
On 12/18/23, Chemung Financial Corp. (NASDAQ:CHMG) will trade ex-dividend, for its quarterly dividend of $0.31, payable on 1/2/24. As a percentage of CHMG's recent stock price of $48.29, this dividend works out to approximately 0.64%, so look for shares of Chemung Financial Corp. to trade 0.64% lower — all else being equal — when CHMG shares open for trading on 12/18/23. Below is a dividend history chart for CHMG, showing historical dividends prior to the most recent $0.31 declared by Chemung Financial Corp.: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CHMG is likely to continue, and whether the current estimated yield of 2.57% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CHMG shares, versus its 200 day moving average:
Looking at the chart above, CHMG's low point in its 52 week range is $33.72 per share, with $53.43 as the 52 week high point — that compares with a last trade of $48.29. Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.
In Thursday trading, Chemung Financial Corp. shares are currently up about 2.2% on the day.
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