ITHACA, N.Y. (APN) — Tompkins Financial Corporation announced Friday it will increase its quarterly dividend to $0.62 per share, marking its second dividend raise this year.
The new dividend represents a 1.6% increase from the previous quarter and a 3.3% rise from the same period last year. Shareholders of record on November 8 will receive the dividend on November 15.
The regional banking company, which serves New York and Pennsylvania markets, operates through Tompkins Community Bank, Tompkins Insurance Agencies, and its wealth management division, Tompkins Financial Advisors.