This is Why Tompkins Financial (TMP) is a Great Dividend Stock

Company Overview - Tompkins Financial (TMP) is based in Ithaca and operates in the Finance sector, with a year-to-date share price change of -16.29% [3] - The company currently pays a dividend of $0.62 per share, resulting in a dividend yield of 4.37%, which is higher than the Banks - Northeast industry's yield of 3.2% and the S&P 500's yield of 1.64% [3] Dividend Performance - The current annualized dividend of Tompkins Financial is $2.48, reflecting a 1.6% increase from the previous year [4] - Over the past five years, the company has increased its dividend four times, achieving an average annual increase of 3.89% [4] - The company's payout ratio stands at 50%, indicating that it distributes 50% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for Tompkins Financial's earnings per share for 2025 is $5.46, which represents a year-over-year earnings growth rate of 9.86% [5] Investment Considerations - Tompkins Financial is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [7]