TowneBank declares $0.28 quarterly dividend, payable July 10

TowneBank

TowneBank

TOWN

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  • TowneBank declared a second-quarter cash dividend of $0.28 per common share, payable July 10, 2026 to shareholders of record June 26, 2026.
  • The dividend implies an annual rate of $1.12 per share, a 3.7% increase from the prior rate.
  • A special dividend of $0.70 per share was also paid today.
  • The board also authorized a one-time $25 million donation to the TowneBank Foundation, with the expense to be recognized in the second quarter of 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TowneBank published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605201400PRIMZONEFULLFEED9723862) on May 20, 2026, and is solely responsible for the information contained therein.

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