Latest news with #TMP
Hans India
16 hours ago
- Politics
- Hans India
Union Minister Oram assured support for tribal development: Tripura Minister Debbarma
New Delhi/Agartala: Union Tribal Affairs Minister Jual Oram has said that the Centre would do all possible to help and take steps for the development and welfare of the tribals in Tripura and their inhabited areas, according to Tripura Tribal Welfare Minister Bikash Debbarma. Tripura Minister Debbarma on Friday said that he met Union Minister Oram in New Delhi and discussed various schemes and plans about the development of tribal areas and welfare of the indigenous people. He said that the Union Minister assured him of all possible help, support and guidance for the all-round development of the tribal areas and welfare of the tribal people. "I have highlighted the issues related to roads, electric and water supply, and modern education facilities in the tribal inhabited areas," Minister Debbarma told the media. He said that the Union Minister stressed that steps were undertaken to bring all tribals into the mainstream of development. Debbarma said that the BJP government in Tripura wants to provide equal developmental opportunities to both tribals and non-tribals. The ruling BJP has an alliance with two tribal based parties – Tipra Motha Party (TMP) and Indigenous People's Front of Tripura (IPFT) to obtain electoral benefits from the tribals. The TMP, headed by Pradyot Bikram Manikya Debbarma, a former royal scion, has been governing the politically important Tripura Tribal Areas Autonomous District Council (TTAADC), which has a jurisdiction on over two-thirds of Tripura's 10,491 sq km area and is home to over 12,16,000 people, of which 90 per cent are tribals. Of Tripura's 60 Assembly seats, 20 are reserved for the tribals. Tripura Chief Minister Manik Saha earlier said that ambitious projects and schemes worth Rs 1,400 crore, funded by the World Bank, are currently underway in the state to improve the socio-economic conditions of indigenous tribes, adding that previously, no government had thought about their welfare. The Rs 1,400 crore would be utilised under the Tripura Rural Economic Growth and Service Delivery Project (TRESP) to further enhance the livelihoods and overall socio-economic status of Janajati (tribal) people. CM Saha said, "We must take a pledge that the works which were not fulfilled and not done yet have to be taken up after discussion in the coming year, and we must move forward to develop the state." Tribals constitute one-third of the total population of four million in Tripura, and they always play a vital role in all spheres of the northeastern state, including electoral politics.
Yahoo
2 days ago
- Business
- Yahoo
Why Tompkins Financial (TMP) is a Great Dividend Stock Right Now
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases. Tompkins Financial (TMP) is headquartered in Ithaca, and is in the Finance sector. The stock has seen a price change of -9.2% since the start of the year. The financial services company is currently shelling out a dividend of $0.62 per share, with a dividend yield of 4.03%. This compares to the Banks - Northeast industry's yield of 2.86% and the S&P 500's yield of 1.54%. In terms of dividend growth, the company's current annualized dividend of $2.48 is up 1.6% from last year. Tompkins Financial has increased its dividend 4 times on a year-over-year basis over the last 5 years for an average annual increase of 3.89%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Right now, Tompkins's payout ratio is 48%, which means it paid out 48% of its trailing 12-month EPS as dividend. Looking at this fiscal year, TMP expects solid earnings growth. The Zacks Consensus Estimate for 2025 is $5.58 per share, which represents a year-over-year growth rate of 12.27%. Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. However, not all companies offer a quarterly payout. For instance, it's a rare occurrence when a tech start-up or big growth business offers their shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. That said, they can take comfort from the fact that TMP is not only an attractive dividend play, but also represents a compelling investment opportunity with a Zacks Rank of #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tompkins Financial Corporation (TMP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
19-05-2025
- Business
- Yahoo
Why Tompkins Financial (TMP) is a Top Dividend Stock for Your Portfolio
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases. Tompkins Financial (TMP) is headquartered in Ithaca, and is in the Finance sector. The stock has seen a price change of -4.81% since the start of the year. Currently paying a dividend of $0.62 per share, the company has a dividend yield of 3.84%. In comparison, the Banks - Northeast industry's yield is 2.81%, while the S&P 500's yield is 1.52%. In terms of dividend growth, the company's current annualized dividend of $2.48 is up 1.6% from last year. In the past five-year period, Tompkins Financial has increased its dividend 4 times on a year-over-year basis for an average annual increase of 3.89%. Any future dividend growth will depend on both earnings growth and the company's payout ratio; a payout ratio is the proportion of a firm's annual earnings per share that it pays out as a dividend. Tompkins's current payout ratio is 48%. This means it paid out 48% of its trailing 12-month EPS as dividend. Earnings growth looks solid for TMP for this fiscal year. The Zacks Consensus Estimate for 2025 is $5.58 per share, representing a year-over-year earnings growth rate of 12.27%. Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. However, not all companies offer a quarterly payout. For instance, it's a rare occurrence when a tech start-up or big growth business offers their shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. That said, they can take comfort from the fact that TMP is not only an attractive dividend play, but is also a compelling investment opportunity with a Zacks Rank of #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tompkins Financial Corporation (TMP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Ottawa Citizen
01-05-2025
- Business
- Ottawa Citizen
Moffatt: Zombies, fairies and dragons in Ottawa's new transportation plan
Long-range transportation planning always involves some element of fantasy. The future is impossible to predict: Who would have anticipated the upheaval in transportation patterns we've seen since 2020? But even with that caveat, Ottawa's draft new Transportation Master Plan (TMP), released April 1, is an unusually fantastical document. Article content Article content And much like other classics in the fantasy genre, the new TMP is filled with zombies, fairies, and dragons. Article content Article content Let's start with the zombies. These are transportation plans that aren't quite alive, but never seem to die. Take the Alta Vista Transportation Corridor (AVTC), a proposed four-lane arterial extending Conroy Road north to Highway 417 at Nicholas Street. It's been in the city's planning books since the 1950s, but has never been built (save for a small Hospital Link stub). In the new TMP, the AVTC lives again — though Coun. Shawn Menard took a proverbial machete and chopped off one of its arms (the north section through the so-called 'People's Park,' a bare field on Lees Avenue). Article content Even in this compromised form, the zombie trudges on, hungry for brains — or, in this case, hungry to pave over the Kilborn Allotment Gardens. Will this undead foe never be vanquished? Article content Next, the fairies: transportation projects with magical powers despite their possible non-existence. The 2013 TMP called these part of the 'Ultimate Network'; the 2025 edition places them in the 'Needs-Based' network. In plain English, they are projects without any funding or timeline attached to them. Article content Article content Development without transit Article content Article content Yet even though these might not be real, they still carry real power. For years, the city has been approving highrises on Carling Avenue under the pretence that their residents would be one day served by an LRT line. This was obviously never built and the new TMP has replaced it with bus rapid transit (BRT), expected construction … to be determined. All that's actually planned for Carling by 2046 are regular bus lanes of the non-rapid variety. It's transit-oriented development without the transit: magic! Time will tell if the Stage 3 LRT to Kanata-Stittsville and Barrhaven is a fairy or the real thing. Article content Ottawa is set to grow from one to 1.4 million people in the next 25 years. We can handle that many people, but we sure can't fit that many new cars on the roads. That's why Ottawa's Official Plan set the target of shifting the majority of trips to walking, cycling, transit and carpooling by 2046. The new TMP throws cold water on that idea — calling it 'difficult to achieve.' And what's the point of trying something difficult? Instead, the TMP keeps the majority of travel to be done by drivers, which will add an anticipated 542,000 car trips per day to Ottawa's roads. More cars mean more traffic and slower commutes.
Yahoo
25-04-2025
- Business
- Yahoo
Tompkins: Q1 Earnings Snapshot
ITHACA, N.Y. (AP) — ITHACA, N.Y. (AP) — Tompkins Financial Corp. (TMP) on Friday reported net income of $19.7 million in its first quarter. The Ithaca, New York-based bank said it had earnings of $1.37 per share. The financial services company posted revenue of $114.5 million in the period. Its revenue net of interest expense was $81.7 million, exceeding Street forecasts. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on TMP at Sign in to access your portfolio
