TowneBank (NASDAQ:TOWN) Dividend Information
TowneBank pays an annual dividend of $0.64 per share, with a dividend yield of 2.35%. TOWN's next quarterly dividend payment will be made to shareholders of record on Wednesday, July 10. The company has grown its dividend for the last 7 consecutive years and is increasing its dividend by an average of 9.30% each year. TowneBank pays out 32.32% of its earnings out as a dividend.
| Next Dividend: | 7/10/2019 |
| Annual Dividend: | $0.64 |
| Dividend Yield: | 2.35% |
| Dividend Growth: | 9.30% (3 Year Average) |
| Payout Ratio(s): | 32.32% (Trailing 12 Months of Earnings)
32.99% (Based on This Year's Estimates)
32.00% (Based on Next Year's Estimates)
26.72% (Based on Cash Flow)
|
| Track Record: | 7 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
| Most-Recent Increase: | $0.02 increase on 5/23/2019 |
TowneBank (NASDAQ:TOWN) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/23/2019 | quarterly | $0.18 | 2.8% | 6/27/2019 | 6/28/2019 | 7/10/2019 |
| 2/28/2019 | quarterly | $0.16 | 2.32% | 3/28/2019 | 3/29/2019 | 4/10/2019 |
| 11/29/2018 | quarterly | $0.16 | 2.28% | 12/27/2018 | 12/28/2018 | 1/11/2019 |
| 8/24/2018 | quarterly | $0.16 | 1.95% | 9/27/2018 | 9/28/2018 | 10/10/2018 |
| 5/24/2018 | quarterly | $0.16 | 2.02% | 6/28/2018 | 6/29/2018 | 7/10/2018 |
| 3/1/2018 | quarterly | $0.14 | 1.97% | 3/28/2018 | 3/29/2018 | 4/10/2018 |
| 11/22/2017 | Quarterly | $0.14 | 1.68% | 12/28/2017 | 12/29/2017 | 1/12/2018 |
| 8/29/2017 | quarterly | $0.14 | 1.84% | 9/28/2017 | 9/29/2017 | 10/12/2017 |
| 5/25/2017 | quarterly | $0.14 | 1.89% | 6/28/2017 | 6/30/2017 | 7/12/2017 |
| 2/23/2017 | quarterly | $0.13 | 1.56% | 3/28/2017 | 3/30/2017 | 4/12/2017 |
| 11/25/2016 | Quarterly | $0.13 | | 12/28/2016 | 12/30/2016 | 1/12/2017 |
| 8/25/2016 | Quarterly | $0.13 | | 9/28/2016 | 9/30/2016 | 10/12/2016 |
| 5/19/2016 | Quarterly | $0.13 | | 6/28/2016 | 6/30/2016 | 7/12/2016 |
| 2/25/2016 | Quarterly | $0.12 | | 3/28/2016 | 3/30/2016 | 4/12/2016 |
| 11/27/2015 | Quarterly | $0.12 | | 12/28/2015 | 12/30/2015 | 1/12/2016 |
| 8/26/2015 | | $0.12 | | 9/28/2015 | 9/30/2015 | 10/9/2015 |
| 5/21/2015 | quarterly | $0.12 | 3% | 6/26/2015 | 6/30/2015 | 7/10/2015 |
| 3/2/2015 | quarterly | $0.11 | 2.83% | 3/26/2015 | 3/30/2015 | 4/10/2015 |
| 12/2/2014 | quarterly | $0.11 | 2.96% | 12/26/2014 | 12/30/2014 | 1/12/2015 |
| 8/28/2014 | quarterly | $0.11 | 3% | 9/24/2014 | 9/26/2014 | 10/10/2014 |
| 5/21/2014 | quarterly | $0.11 | 2.84% | 6/25/2014 | 6/27/2014 | 7/11/2014 |
| 2/26/2014 | quarterly | $0.10 | 2.69% | 3/26/2014 | 3/28/2014 | 4/11/2014 |
| 11/27/2013 | quarterly | $0.10 | 2.63% | 12/27/2013 | 12/31/2013 | 1/10/2014 |
| 8/29/2013 | quarterly | $0.10 | 2.79% | 9/25/2013 | 9/27/2013 | 10/11/2013 |
(Data available from 1/1/2013 forward)
