Tompkins Financial Raises Dividend 5%
Financial-services specialist Tompkins Financialannounced yesterday its fourth-quarter dividend of $0.40 per share, a 5% increase in the amount paid to investors last quarter of $0.8 per share.
The board of directors said the quarterly dividend is payable on Nov. 15 to the holders of record at the close of business on Nov. 4. The regular dividend payment equates to a $1.60-per-share annual dividend, yielding 3.2% based on the closing price Friday of Tompkins Financial's stock.
TMP Dividend data by YCharts
The article Tompkins Financial Raises Dividend 5% originally appeared on Fool.com.
Fool contributor Rich Duprey and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.