TowneBank (NASDAQ:TOWN) Dividend Information
TowneBank pays an annual dividend of $0.72 per share, with a dividend yield of 3.82%. TOWN's next quarterly dividend payment will be made to shareholders of record on Friday, July 10. The company has grown its dividend for the last 8 consecutive years and is increasing its dividend by an average of 9.39% each year. TowneBank pays out 37.31% of its earnings out as a dividend.
| Next Dividend: | 7/10/2020 |
| Annual Dividend: | $0.72 |
| Dividend Yield: | 3.82% |
| Dividend Growth: | 9.39% (3 Year Average) |
| Payout Ratio(s): | 37.31% (Trailing 12 Months of Earnings)
50.35% (Based on This Year's Estimates)
72.00% (Based on Next Year's Estimates)
30.92% (Based on Cash Flow)
|
| Track Record: | 8 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
| Most Recent Increase: | $0.02 increase on 5/23/2019 |
Dividend Payments by Month (or Quarter)
TowneBank (NASDAQ:TOWN) Dividend History by Quarter
(Data available from 1/1/2013 forward)
