Towne Bank (TOWN) Declares $0.18 Quarterly Dividend; 2.4% Yield
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TowneBank Announces Quarterly Cash Dividend
March 2, 2021 9:30 AM ESTSUFFOLK, Va., March 02, 2021 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors on February 24, 2021 declared its first-quarter shareholder cash dividend of $0.18 per common share payable on April 9, 2021 to shareholders of record on March 30, 2021.
The amount and declaration of future cash dividends are subject to Board of Directors approval in addition to regulatory restrictions.
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