Towne Bank (TOWN) Declares $0.18 Quarterly Dividend; 2.8% Yield

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TowneBank Announces Quarterly Cash Dividend

February 27, 2020 8:30 AM EST

SUFFOLK, Va., Feb. 27, 2020 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors on February 26, 2020 declared its first-quarter shareholder cash dividend of $0.18 per common share payable on April 10, 2020 to shareholders of record on March 30, 2020.

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