Towne Bank (TOWN) Declares $0.16 Quarterly Dividend; 2.3% Yield

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TowneBank Announces Quarterly Cash Dividend

November 28, 2018 4:30 PM EST

SUFFOLK, Va., Nov. 28, 2018 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors on November 28, 2018 declared its fourth-quarter shareholder cash dividend of $0.16 per common share payable on January 11, 2019 to shareholders of record on December 28, 2018.

The amount and declaration of future cash dividends are subject to Board of... More