Tompkins Finl: Dividend Insights
Portfolio Pulse from Benzinga Insights
Tompkins Finl (AMEX:TMP) has announced a quarterly dividend of 60 cents per share. The stock will go ex-dividend on Monday, meaning it will trade lower to reflect the payout. Shareholders who own TMP as of the end of Friday's session are eligible to receive the dividend, which will be paid out on November 15, 2023.
November 01, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Tompkins Finl's announcement of a 60 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend. However, this is a regular part of the dividend process and not a reflection of the company's performance.
When a stock goes ex-dividend, it typically trades lower to reflect the payout. This is a normal part of the dividend process and does not reflect negatively on the company's performance. However, it can lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100