Tompkins Financial Corporation, a financial holding company, provides commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, and insurance services. The company operates in three segments: Banking, Insurance, and Wealth Management. It accepts various deposit products, including checking accounts, savings accounts, time deposits, and IRA products, as well as brokered, reciprocal, and municipal money market deposits. The company also offers loans for various business purposes, including real estate financing, construction, equipment financing, accounts receivable financing, and commercial leasing; residential mortgage loans; personal loans; residential real estate loans; home equity loans; commercial and industrial loans; commercial real estate loans; agriculture loans; and consumer loans, such as personal installment loans, direct and indirect automobile financing, and overdraft lines of credit. In addition, it provides letters of credit and sweep accounts; credit and debit cards; and deposit and cash management, internet-based account, remote deposit, safe deposit, voice response, ATM, and mobile and internet banking services. Further, the company offers investment management, trust and estate, and financial and tax planning services; property and casualty, medical, life, disability, and long-term care insurance services; employee benefit consulting services; and insurance planning services. It primarily serves individuals, corporate executives, small business owners, and high net worth individuals. The company operates through a network of 63 banking offices, including 43 offices in New York and 20 offices in Pennsylvania. Tompkins Financial Corporation was founded in 1836 and is headquartered in Ithaca, New York.
Tompkins Financial Dividend Announcement
• Tompkins Financial announced a quarterly dividend of $0.62 per ordinary share which will be made payable on 2024-11-15. Ex dividend date: 2024-11-08
• Tompkins Financial annual dividend for 2024 was $2.44
• Tompkins Financial annual dividend for 2023 was $2.40
• Tompkins Financial's trailing twelve-month (TTM) dividend yield is 3.73%
• Tompkins Financial's payout ratio for the trailing twelve months (TTM) is 51.84%
• Tompkins Financial's dividend growth over the last five years (2018-2023) was 4.35% year
• Tompkins Financial's dividend growth over the last ten years (2013-2023) was 4.54% year
Tompkins Financial Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-08 | $0.62 | quarterly | 2024-11-15 |
| 2024-08-09 | $0.61 | quarterly | 2024-08-16 |
| 2024-05-09 | $0.61 | quarterly | 2024-05-17 |
| 2024-02-08 | $0.60 | quarterly | 2024-02-16 |
| 2023-11-06 | $0.60 | quarterly | 2023-11-15 |
| 2023-07-31 | $0.60 | quarterly | 2023-08-12 |
| 2023-05-08 | $0.60 | quarterly | 2023-05-16 |
| 2023-02-06 | $0.60 | quarterly | 2023-02-15 |
| 2022-11-07 | $0.60 | quarterly | 2022-11-15 |
| 2022-08-01 | $0.57 | quarterly | 2022-08-12 |
| 2022-05-09 | $0.57 | quarterly | 2022-05-16 |
| 2022-02-07 | $0.57 | quarterly | 2022-02-15 |
| 2021-11-01 | $0.57 | quarterly | 2021-11-15 |
| 2021-08-02 | $0.54 | quarterly | 2021-08-13 |
| 2021-05-10 | $0.54 | quarterly | 2021-05-17 |
| 2021-02-08 | $0.54 | quarterly | 2021-02-16 |
| 2020-11-02 | $0.54 | quarterly | 2020-11-13 |
| 2020-07-31 | $0.52 | quarterly | 2020-08-14 |
| 2020-05-08 | $0.52 | quarterly | 2020-05-18 |
| 2020-02-07 | $0.52 | quarterly | 2020-02-18 |
| 2019-10-28 | $0.52 | quarterly | 2019-11-15 |
| 2019-07-29 | $0.50 | quarterly | 2019-08-15 |
| 2019-05-06 | $0.50 | quarterly | 2019-05-15 |
| 2019-02-04 | $0.50 | quarterly | 2019-02-15 |
| 2018-11-05 | $0.50 | quarterly | 2018-11-15 |
| 2018-07-31 | $0.48 | quarterly | 2018-08-15 |
| 2018-05-07 | $0.48 | quarterly | 2018-05-15 |
| 2018-02-05 | $0.48 | quarterly | 2018-02-15 |
| 2017-11-06 | $0.47 | quarterly | 2017-11-15 |
| 2017-07-28 | $0.45 | quarterly | 2017-08-15 |
| 2017-05-04 | $0.45 | quarterly | 2017-05-16 |
| 2017-02-03 | $0.45 | quarterly | 2017-02-15 |
| 2016-11-04 | $0.45 | quarterly | 2016-11-15 |
| 2016-07-29 | $0.44 | quarterly | 2016-08-15 |
| 2016-04-29 | $0.44 | quarterly | 2016-05-16 |
| 2016-02-05 | $0.44 | quarterly | 2016-02-16 |
| 2015-11-05 | $0.44 | quarterly | 2015-11-16 |
| 2015-08-06 | $0.42 | quarterly | 2015-08-17 |
| 2015-05-01 | $0.42 | quarterly | 2015-05-15 |
| 2015-02-05 | $0.42 | quarterly | 2015-02-17 |
| 2014-10-31 | $0.42 | quarterly | 2014-11-14 |
| 2014-07-31 | $0.40 | quarterly | 2014-08-15 |
| 2014-05-01 | $0.40 | quarterly | 2014-05-15 |
| 2014-01-30 | $0.40 | quarterly | 2014-02-14 |
| 2013-10-31 | $0.40 | quarterly | 2013-11-15 |
| 2013-07-25 | $0.38 | quarterly | 2013-08-15 |
| 2013-05-02 | $0.38 | quarterly | 2013-05-15 |
| 2013-01-31 | $0.38 | quarterly | 2013-02-15 |
Tompkins Financial Dividend per year
Tompkins Financial Dividend growth
Tompkins Financial Dividend Yield
Tompkins Financial current trailing twelve-month (TTM) dividend yield is 3.73%. Interested in purchasing Tompkins Financial stock? Use our calculator to estimate your expected dividend yield:
Tompkins Financial Financial Ratios
P/E ratio13.92
PEG ratio4.11
P/B ratio1.28
ROE9.70%
Payout ratio51.84%
Current ratio0.07
Quick ratio0.07
Cash Ratio0.00
Tompkins Financial Dividend FAQ
How much is the next Tompkins Financial dividend?
Tompkins Financial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tompkins Financial dividend. The next Tompkins Financial dividend will be released in February, May, July, or November.
When is Tompkins Financial dividend paid?
Tompkins Financial pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, July, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Tompkins Financial pay?
The specific amount of Tompkins Financial dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Tompkins Financial's dividend history.
Does Tompkins Financial stock pay dividends?
Yes, Tompkins Financial does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Tompkins Financial's dividend history.
How much dividend does Tompkins Financial pay?
Tompkins Financial paid $2.44 in 2024, $2.4 in 2023, $2.31 in 2022, $2.19 in 2021, and $2.1 in 2020.
How often does Tompkins Financial pay dividends?
Tompkins Financial typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, July, and November.
What is Tompkins Financial's dividend yield?
The current dividend yield for Tompkins Financial is 3.73%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Tompkins Financial's exact dividend yield.
When does Tompkins Financial go ex dividend?
Tompkins Financial's ex-dividend date for the latest dividend was on 2024-11-08. Tompkins Financial typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Tompkins Financial dividend paid?
Tompkins Financial pays dividends on a quarterly basis, typically around February, May, July, or November, but the exact dates can vary each year.
Will Tompkins Financial increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Tompkins Financial will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Tompkins Financial dividend per share?
Tompkins Financial paid $2.44 per share in 2024 and $2.4 per share in 2023. The amount of dividend per share that Tompkins Financial pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Tompkins Financial a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Tompkins Financial a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Tompkins Financial a dividend stock?
Yes, Tompkins Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tompkins Financial a good dividend stock?
Whether Tompkins Financial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tompkins Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Tompkins Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Tompkins Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Tompkins Financial pay dividends monthly?
Tompkins Financial typically pays dividends on a quarterly basis.
Does Tompkins Financial pay dividends quarterly?
Tompkins Financial currently pays dividends on a quarterly basis.
Has Tompkins Financial ever paid a dividend?
Yes, Tompkins Financial has a history of paying dividends to its shareholders. Tompkins Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tompkins Financial dividend stocks?
To buy Tompkins Financial you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Tompkins Financial stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Tompkins Financial stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Tompkins Financial pay dividends 2024?
Tompkins Financial pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Tompkins Financial increase its dividend in 2024?
Decisions regarding Tompkins Financial dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Tompkins Financial dividend overview you can look into the above table of dividend history.
How Tompkins Financial dividend works?
The Tompkins Financial dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Tompkins Financial's dividend process works:
1. Determination of Dividend: Tompkins Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Tompkins Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Tompkins Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Tompkins Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Tompkins Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Tompkins Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Tompkins Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Tompkins Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Tompkins Financial dividends paid?
Tompkins Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Tompkins Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Tompkins Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tompkins Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Tompkins Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Tompkins Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tompkins Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Tompkins Financial pay dividends?
Tompkins Financial typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Tompkins Financial pay dividends?
The general pattern is that Tompkins Financial pays dividends around February, May, July, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Tompkins Financial dividend safe?
The safety of Tompkins Financial's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Tompkins Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Tompkins Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Tompkins Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Tompkins Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.