TowneBank Announces Quarterly Cash Dividend
Towne Bank (TOWN)
Last towne bank earnings: 4/27 08:30 am
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US:NASDAQ Investor Relations:
investor.townebank.com
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Source: GlobeNewswire
SUFFOLK, Va., May 24, 2017 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ:TOWN) announced today that its Board of Directors on May 23, 2017 declared its second-quarter shareholder cash dividend of $0.14 per common share payable on July 12, 2017 to shareholders of record on June 30, 2017. The quarterly common stock cash dividend of $0.14 per common share, or $0.56 per common share on an annual basis, is a 7.7% increase from the previous dividend rate. The amount and declaration of future cash dividends are subject to Board of Directors’ approval in addition to regulatory restrictions. About TowneBank:As one of the top community banks in Virginia and North Carolina, TowneBank operates 37 banking offices serving Chesapeake, Chesterfield County, Glen Allen, Hampton, James City County, Mechanicsville, Newport News, Norfolk, Portsmouth, Richmond, Suffolk, Virginia Beach, Williamsburg, and York County in Virginia, along with Moyock, Grandy, Camden County, Southern Shores, Cor
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News
- TowneBank Announces Retirement of Two Directors [Yahoo! Finance]Yahoo! Finance
- TowneBank Announces Retirement of Two DirectorsGlobeNewswire
- Sachin Shetty, Ph.D., Joins TowneBank Corporate Board of Directors [Yahoo! Finance]Yahoo! Finance
- Sachin Shetty, Ph.D., Joins TowneBank Corporate Board of DirectorsGlobeNewswire
- TowneBank Announces Quarterly Cash DividendGlobeNewswire