Tompkins Financial Is a Top Dividend Stock for 2015: David Peltier

Portfolio Manager David Peltier highlights Tompkins Financial (TMP) as one of his top dividend stocks for 2015. The New York State-based regional bank was little changed in 2014, but pays a solid 3.3% dividend yield. The company offers one of the highest yields in the industry and was of the few banks to not cut its dividend during the financial crisis last decade. The company is seeing strong loan and deposit demand in its home region and should benefit from a rising interest rate environment. In addition to the dividend, Peltier believes the stock can move up toward $60 in the new year.