Here's What We Like About TowneBank's (NASDAQ:TOWN) Upcoming Dividend [Yahoo! Finance]

Towne Bank (TOWN)
Last towne bank earnings: 4/27 08:30 am
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US:NASDAQ Investor Relations:
investor.townebank.com
Company Research
Source: Yahoo! Finance
The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the company's books to be eligible for a dividend payment. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Therefore, if you purchase TowneBank's shares on or after the 31st of March, you won't be eligible to receive the dividend, when it is paid on the 11th of April. The company's next dividend payment will be US$0.25 per share. Last year, in total, the company distributed US$1.00 to shareholders. Looking at the last 12 months of distributions, TowneBank has a trailing yield of approximately 2.8% on its current stock pri
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News
- TowneBank plans to acquire, merge with Old Point in $203 million deal [Yahoo! Finance]Yahoo! Finance
- TowneBank and Old Point Financial Corporation Announce Agreement to MergeGlobeNewswire
- TowneBank Announces Completion of Village Bank and Trust Financial Corp. MergerGlobeNewswire
- TowneBank and Village Bank and Trust Financial Corp. Receive Regulatory Approvals for Merger [Yahoo! Finance]Yahoo! Finance
- TowneBank and Village Bank and Trust Financial Corp. Receive Regulatory Approvals for MergerGlobeNewswire