Towne Bank (TOWN) Declares $0.18 Quarterly Dividend; 3.7% Yield

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TowneBank Announces Quarterly Cash Dividend

May 27, 2020 3:00 PM EDT

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

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