Chemung Financial Corp (CHMG) Dividends
Dividend Yield and Dividend History Highlights
- Regarding free cash flow variation: CHMG reports less variability in its cash flow than 86.48% of dividend stocks in our set.
- In terms of debt burden relative to earnings, CHMG has an EBITDA to net debt ratio of 26,704,000, ranking above 86.18% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- In terms trailing twelve months of dividends issued, CHMG has returned $5,037,000 US dollars -- more than merely 13.64% of public US dividend stocks.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with CHMG that may be suitable potential portfolio mates: E, OSMT, FMS, VST and PBA.
CHMG Price Forecast Based on Dividend Discount Model
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The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of CHMG, the dividend discount model StockNews created for the company implies a negative return of 62.94%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Chemung Financial Corp are:
- CHMG's growth rate in terms of the amount of dividends it returns to shareholders is greater than only 11.9% of its fellow dividend stocks in the Financial Services sector.
- Compared to other dividend issuers in the small-sized market cap category, CHMG has a beta lower than only 10.71% of them.
CHMG Dividend Chart
CHMG Dividend History
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CHMG Dividends vs. Peers
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