TOWN is Towne Bank (Financial Services). Trading at $37.43. Current dividend yield: 3.00%.
Dividend snapshot
| Annual dividend rate | $1.12 |
| Current yield | 3.00% |
| Payment frequency | Quarterly |
| Next ex-dividend date | Sep 25, 2026(in 26 days) |
| Most recent payment date | Jul 10, 2026 |
| Last payment amount | $0.2800 |
| 5-year dividend CAGR | 8.04% |
| 3-year dividend CAGR | 6.00% |
| Payout ratio | 52% |
| Market cap | $3.46B |
| Exchange | NMS |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-09-25 | $0.2800 |
| 2026-06-26 | $0.2800 |
| 2026-05-04 | $0.7000 |
| 2026-03-31 | $0.2700 |
| 2025-12-26 | $0.2700 |
| 2025-09-29 | $0.2700 |
| 2025-06-27 | $0.2700 |
| 2025-03-31 | $0.2500 |
About TOWN
Towne Bank is a financial services company serving individuals, commercial enterprises and professionals, offering retail and commercial banking services in Virginia and North Carolina. The company has four reportable segments: Banking, which provides loan and deposit services, commercial mortgage brokerage, and investment and asset management services; Mortgage, which originates mortgage loans principally sold in the secondary market through purchase commitments from investors; Resort Vacation Management, which provides residential resort property management services; and Insurance, which provides property, casualty, life and health insurance solutions for businesses, individuals and community organizations through a variety of carriers.
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Frequently asked
What is TOWN's dividend yield?
TOWN (Towne Bank) currently has a dividend yield of 3.00%, which works out to about $1.12 in annual dividend payments per share.
When is TOWN's next ex-dividend date?
TOWN's next ex-dividend date is Sep 25, 2026 (in 26 days). To receive the upcoming dividend, you must own shares before this date.
When did TOWN last pay a dividend?
TOWN's most recent dividend payment date was Jul 10, 2026.
How often does TOWN pay dividends?
TOWN pays dividends on a quarterly schedule.
How fast is TOWN growing its dividend?
TOWN has been growing its dividend at a 6.00% 3-year compound annual growth rate (CAGR). CAGR smooths year-to-year noise into a single average growth rate.
Track TOWN in DiviDrip
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- View the TOWN Dividend Triangle — see Revenue × EPS × Dividend growth at a glance.
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Data refreshed 2026-08-30. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.