The bank’s board approved a 4.5% increase in its quarterly payout, marking the latest raise for shareholders.
Tompkins Financial raised its quarterly dividend to $0.70 per share, a 4.5% increase from the prior $0.67 payout. The move reflects the company’s ongoing commitment to returning capital to investors amid stable earnings growth.
The new dividend represents a forward yield of 3.02%, based on current share prices. The previous dividend of $0.67 had been in place for the prior quarter, with the company maintaining a consistent track record of gradual increases.
The dividend is payable on August 14 to shareholders of record as of August 7, with the ex-dividend date also set for August 7.