DIVIDEND ANNOUNCEMENT: TowneBank (NASDAQ:TOWN) on 05/27/2020 declared a dividend of $0.1800 per share

TowneBank (NASDAQ:TOWN) on 05/27/2020 declared a dividend of $ 0.1800 per share payable on July 10, 2020 to shareholders of record as of June 30, 2020.

TowneBank (NASDAQ:TOWN) has paid dividends since 2003, has a current dividend yield of 3.8502674103% and has increased its dividends for 6 successive years.

TowneBank's market cap is $ 558,550,300 and has a PE ratio of 9.74. The stock price closed yesterday at $ 18.70 and has a 52 week low/high of $ 15.03 and $ 29.02.

TowneBank provides retail and commercial banking services in Virginia and North Carolina. Co.'s segments include: Banking, which provides loan and deposit services, commercial mortgage brokerage services and a variety of investment and asset management services; Realty, which provides residential real estate services and originations of a variety of mortgage loans, resort property management and residential and commercial title insurance; and Insurance, which provides an array of insurance products, including life, property, casualty, travel, and vehicle insurance, as well as employee and group benefits.

For more information on TowneBank click here.