Towne Bank (TOWN) Declares $0.23 Quarterly Dividend; 2.9% Yield

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Go back to Towne Bank (TOWN) Declares $0.23 Quarterly Dividend; 2.9% Yield

TowneBank Announces Quarterly Cash Dividend

November 28, 2022 1:30 PM EST

SUFFOLK, Va., Nov. 28, 2022 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors on November 23, 2022 declared its fourth-quarter shareholder cash dividend of $0.23 per common share payable on January 12, 2023 to shareholders of record on December 30, 2022.

The amount and declaration of future cash dividends are subject to Board of Directors approval in addition to regulatory restrictions.

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