Towne Bank (TOWN) Raises Quarterly Dividend 11.1% to $0.20; 2.5% Yield

June 2, 2021 1:03 PM EDT

Towne Bank (NASDAQ: TOWN) declared a quarterly dividend of $0.20 per share, or $0.8 annualized. This is an 11.1% increase from the prior dividend of $0.18.

The dividend will be payable on July 9, 2021, to stockholders of record on June 30, 2021, with an ex-dividend date of June 29, 2021.

The annual yield on the dividend is 2.5 percent.

For a dividend history and other dividend-related data on Towne Bank (TOWN) click here.



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