Chemung Financial Corp (CHMG) Dividends
Dividend Yield and Dividend History Highlights
- If you care about predictable cash flow, note that CHMG reports less variability in its free cash flow than 90.4% of the dividend stocks we're tracking.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with CHMG's price: PBR, STAF, AY, NWFL and LAUR.
CHMG Price Forecast Based on Dividend Discount Model
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A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for CHMG, the DDM model, as implemented by StockNews, implies a positive return of 1852.71% relative to its current price. Digging deeper, the aspects of Chemung Financial Corp's dividend discount model that we found most interesting were:
- In comparison to other US listed dividend yielding stocks in the Financial Services sector, Chemung Financial Corp's expected return of 1852.71% is higher than 98.25% of its fellow sector mates.
- Compared to all dividend issuing stocks in our set, CHMG has a discount rate lower than 98.25% of them (a lower discount rate is associated with lower risk).
- Chemung Financial Corp's market cap of $214 million US dollars puts it in the small-sized market cap class; amongst this group of stocks, its equity discount rate is lower than 99.63% of them.
- A stock's beta generally indicates its volatility relative to the broader equity market; as for CHMG, approximately 98.38% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
CHMG Dividend Chart
CHMG Dividend History
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CHMG Dividends vs. Peers
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Looking for More Information on CHMG dividends?Want to see what other sources are saying about Chemung Financial Corp's dividends? Try the links below:
Chemung Financial Corp Common Stock (CHMG) Dividend History | Nasdaq
Dividend History for Chemung Financial Corp (CHMG) - Dividend Investor
Chemung Financial Corp (CHMG) Dividend History - Seeking Alpha