TowneBank hikes dividend by 14.3% Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
TowneBank	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
TowneBank	TOWN	N/A	N/A	N/A	N/A
N/A	N/A	N/A	N/A	N/A	N/A

TowneBank hikes dividend by 14.3%

Wednesday 23 May 2018

TowneBank (TOWN) will raise its quarterly dividend by 14.3 percent to $0.16 per share in the second quarter of 2018. The new dividend yield for TOWN is 2.0% and 2018 marks the 7th consecutive year of higher dividend payments by the company.

TowneBank is a community bank. The Bank offers personal banking services and business banking services. The company operates through three segments: Banking, Realty and Insurance.

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