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

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TowneBank Announces Quarterly Cash Dividend

February 27, 2019 5:00 PM EST

SUFFOLK, Va., Feb. 27, 2019 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors on February 27, 2019 declared its first-quarter shareholder cash dividend of $0.16 per common share payable on April 10, 2019 to shareholders of record on March 29, 2019.

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