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TowneBank (TOWN) Dividend Yield, Date & History

TowneBank logo
$34.84 -0.08 (-0.23%)
Closing price 03/7/2025 04:00 PM Eastern
Extended Trading
$34.84 +0.00 (+0.01%)
As of 03/7/2025 07:06 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

TowneBank Dividend Summary

Dividend Yield
2.87%
Annual Dividend
$1.00
Next
Dividend Payment
Apr. 11
Dividend Increase
Track Record
13 Years
Annualized 3-Year
Dividend Growth
8.63%
Dividend Payout Ratio
46.51%

TowneBank (TOWN) pays an annual dividend of $1.00 per share, with a dividend yield of 2.87%. The next quarterly payment of $0.25 per share is scheduled for Friday, April 11, to investors who own the stock before the ex-dividend date of Monday, March 31. TOWN has grown its dividend for 13 consecutive years, with an average annual increase of 2.80%. The company currently pays out 46.51% of its earnings and 38.12% of its cash flow as dividends.

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TOWN Dividend Payments by Quarter

The chart below displays up to four years of TowneBank's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

TOWN Dividend Yield Over Time

The chart below tracks TowneBank's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.
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TowneBank vs. The Competition

Compare TowneBank's annual dividend, yield, and 3-year growth rate with averages for Finance and NASDAQ companies to evaluate its performance against the market.

TypeTowneBankFinance CompaniesNASDAQ Companies
Annual Dividend$1.00$0.02$1.28
Dividend Yield2.87%5.70%4.02%
Annualized 3-Year Dividend Growth8.63%11.29%11.92%
Track Record13 years19 years20 years

TowneBank Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings46.51%
Based on This Year's Estimate38.46%
Based on Next Year's Estimate29.85%
Based on Cashflow38.12%

TowneBank Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
2/26/2025quarterly$0.25 - 2.82%3/31/20253/31/20254/11/2025
11/27/2024quarterly$0.25 - 2.7%12/31/202412/31/20241/14/2025
8/28/2024quarterly$0.25 - 2.9%9/30/20249/30/202410/11/2024
5/29/2024Quarterly$0.25 - 3.7%6/28/20246/28/20247/12/2024
2/28/2024Quarterly$0.25 - 3.69%3/27/20243/29/20244/12/2024
11/29/2023Quarterly$0.25 - 3.74%12/28/202312/29/20231/12/2024
8/23/2023Quarterly$0.25 - 4.26%9/28/20239/29/202310/13/2023
5/23/2023Quarterly$0.25+$0.02
8.70%
4.28%6/29/20236/30/20237/14/2023

This table shows TowneBank's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

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TowneBank Dividend - Frequently Asked Questions

The current dividend yield for TowneBank is 2.87%. Learn more on TOWN's dividend yield history.

The annual dividend for TOWN shares is $1.00. Learn more on TOWN's annual dividend history.

TowneBank pays quarterly dividends to shareholders.

TowneBank's next quarterly dividend payment of $0.25 per share will be made to shareholders on Friday, April 11, 2025.

TowneBank's most recent quarterly dividend payment of $0.25 per share was made to shareholders on Tuesday, January 14, 2025.

TowneBank's next ex-dividend date is Monday, March 31, 2025.

TowneBank's most recent ex-dividend date was Tuesday, December 31, 2024.

Over the past three years, the company's dividend has grown by an average of 8.63% per year.

TowneBank has increased its dividend for the past 13 consecutive years.

The most recent change in the company's dividend was an increase of $0.02 on Tuesday, May 23, 2023.

The dividend payout ratio for TOWN is:
  • 46.51% based on the trailing year of earnings
  • 38.46% based on this year's estimates
  • 29.85% based on next year's estimates
  • 38.12% based on cash flow

TowneBank's dividend yield of 2.71% is lower than the average Finance company that issues a dividend. The company's 13 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. TowneBank's dividend payout ratio of 46.51% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate TowneBank stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.

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This page (NASDAQ:TOWN) was last updated on 3/10/2025 by MarketBeat.com Staff
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