Towne Bank (TOWN) Declares $0.20 Quarterly Dividend; 2.6% Yield
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TowneBank Announces Quarterly Cash Dividend
August 25, 2021 12:30 PM EDTSUFFOLK, Va., Aug. 25, 2021 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors on August 25, 2021 declared its third-quarter shareholder cash dividend of $0.20 per common share payable on October 12, 2021 to shareholders of record on September 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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