Towne Bank (TOWN) Dividend History

Headquartered in Portsmouth, Virginia, TowneBank is now Virginia's top community bank operating eighteen banking offices in Chesapeake, Hampton, Portsmouth, Newport News, Virginia Beach, Norfolk, Williamsburg and York County. Towne also offers a full range of financial services through its controlled divisions and subsidiaries that include Towne Investment Group, Towne Insurance Agency, TFA Benefits, TowneBank Mortgage, TowneBank Commercial Mortgage and GSH Real Estate Corporation. Local decision-making is a hallmark of its hometown banking strategy that is delivered through the leadership of each group's President and Board of Directors.

Last update 11/29/2020


Dividend Yield Summary

  2015 2016 2017 2018 2019 2020
Dividends 0.47 0.51 0.55 0.62 0.70 0.54
Average Price 17.73 22.89 31.95 30.22 26.98 20.12
Yield 2.65% 2.23% 1.72% 2.05% 2.59% 2.68%
• The above Dividend, Average Price, and Yield values for 2020 are year-to-date.

Dividend Dates

Ex Dividend Date 2020-09-29
Dividend Pay Date

DivInfo Metrics ™

52-Week Projected Earnings Per Share 1.81
52-Week Projected Dividends Per Share 0.72
Dividend Cover 2.51 : 1
52-Week Projected Yield 3.23%
52-Week Trailing Yield 3.48%
6-Year Average Yield 2.26%
6-Year Dividend Change 53.19%
6-Year Yearly Dividend Change 8.87%
Number of Dividend Payments (2007-03-29 - 2020-09-29) 54

Dividend History

Date Amount Per Share Note
2020-09-29 $0.18
2020-06-29 $0.18
2020-03-27 $0.18
2019-12-27 $0.18
2019-09-27 $0.18
2019-06-27 $0.18
2019-03-28 $0.16
2018-12-27 $0.16
2018-09-27 $0.16
2018-06-28 $0.16
2018-03-28 $0.14
2017-12-28 $0.14
2017-09-28 $0.14
2017-06-28 $0.14
2017-03-28 $0.13
2016-12-28 $0.13
2016-09-28 $0.13
2016-06-28 $0.13
2016-03-28 $0.12
2015-12-28 $0.12
2015-09-28 $0.12
2015-06-26 $0.12
2015-03-26 $0.11
2014-12-26 $0.11
2014-09-24 $0.11
2014-06-25 $0.11
2014-03-26 $0.10
2013-12-27 $0.10
2013-09-25 $0.10
2013-06-26 $0.09
2013-03-26 $0.09
2012-12-05 $0.09
2012-09-26 $0.08
2012-06-27 $0.08
2012-03-28 $0.08
2011-12-28 $0.08
2011-09-28 $0.08
2011-06-28 $0.08
2011-03-29 $0.08
2010-10-12 $0.08
2010-07-12 $0.08
2010-04-12 $0.08
2010-01-11 $0.08
2009-10-09 $0.08
2009-07-10 $0.08
2009-04-10 $0.08
2008-12-29 $0.08
2008-09-29 $0.08
2008-06-27 $0.08
2008-03-28 $0.08
2007-12-27 $0.08
2007-09-27 $0.08
2007-06-28 $0.08
2007-03-29 $0.08