Towne Bank (TOWN) Raises Quarterly Dividend 11.1% to $0.20; 2.5% Yield
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TowneBank Announces Quarterly Cash Dividend
June 2, 2021 1:00 PM EDTCommon Stock Dividend Increased by 11%
SUFFOLK, Va., June 02, 2021 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors on June 1, 2021 declared its second-quarter shareholder cash dividend of $0.20 per common share payable on July 9, 2021 to shareholders of record on June 30, 2021. The quarterly common stock cash dividend of $0.20 per common share, or $0.80 per common share on an annual basis, is an 11.11% increase from the previous... More
