TowneBank (NASDAQ:TOWN) on 11/28/2018 declared a dividend of $ 0.1600 per share payable on January 11, 2019 to shareholders of record as of December 28, 2018.

TowneBank (NASDAQ:TOWN) has paid dividends since 2003, has a current dividend yield of 2.3315117359% and has increased its dividends for 4 successive years.

TowneBank's market cap is $ 819,904,050 and has a PE ratio of 17.48. The stock price closed yesterday at $ 27.45 and has a 52 week low/high of $ 25.50 and $ 35.00.

TowneBank provides retail and commercial banking services to Richmond, VA, and the Greater Hampton Roads region in southeastern Virginia, and northeastern North Carolina. Co. has three segments: Banking, which provides loan and deposit services, commercial mortgage brokerage services and investment and asset management services; Realty, which provides residential real estate services, originations of mortgage loans, resort property management, and residential and commercial title insurance; and Insurance, which provides property and casualty insurance as well as employee and group benefits. As of Dec 31 2017, Co. had total assets of $8.52 billion and total deposits of $6.45 billion.

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