DIVIDEND ANNOUNCEMENT: TowneBank (NASDAQ:TOWN) on 02/28/2024 declared a dividend of $0.2500 per share

TowneBank (NASDAQ:TOWN) on 02/28/2024 declared a dividend of $ 0.2500 per share payable on April 12, 2024 to shareholders of record as of March 29, 2024.

TowneBank (NASDAQ:TOWN) has paid dividends since 2003, has a current dividend yield of 3.7091989517% and has increased its dividends for 10 successive years.

TowneBank's market cap is $ 805,268,240 and has a PE ratio of 11.62. The stock price closed yesterday at $ 26.96 and has a 52 week low/high of $ 21.22 and $ 31.08.

TowneBank is a commercial and retail banking business. Co. provides a range of banking and related financial services through its controlled divisions and subsidiaries. Co. has three reportable segments. Co.'s Banking segment provides loan and deposit services to retail and commercial customers and also provides a variety of investment and asset management services. The Realty segment provides residential real estate services, mortgage loans, resort property management, and residential and commercial title insurance. The Insurance segment provides a line of commercial and consumer insurance products and financial services, as well as employee benefit services.

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