TowneBank engages in the provision of retail and commercial banking services to individuals and small and medium size businesses. The company is headquartered in Portsmouth, Virginia and currently employs 2,720 full-time employees. The firm's financial services include banking, resort property management, mortgage, insurance, employee benefit services, and investments. Its segments include Banking, Realty, and Insurance. The banking segment provides loan and deposit services to retail and commercial customers and also provides a variety of investment and asset management services. The Realty segment offers mortgage loans and resort property management. The Insurance segment provides a full line of commercial and consumer insurance products and financial services, as well as employee benefit services. Its business banking services include business lending, business checking and online banking and treasury services. The firm operates over 50 banking offices throughout Hampton Roads and Central Virginia, as well as Northeastern and Central North Carolina.
TowneBank has an annual dividend of 0.9992 per share, with a yield of 2.2853%. The dividend is paid other/unknown and the last ex-dividend date was May 4, 2026.
Dividend Yield
Annual Dividend
Ex-Dividend Date
2.2853%
$0.9992
May 4, 2026
Payout Frequency
Payout Ratio
Other/Unknown
43.28%
Dividend History
Ex-Dividend Date
Cash Amount
Record Date
Pay Date
May 4, 2026
$0.70
May 4, 2026
May 20, 2026
Mar 31, 2026
$0.27
Mar 31, 2026
Apr 10, 2026
Dec 26, 2025
$0.27
Dec 26, 2025
Jan 7, 2026
Sep 29, 2025
$0.27
Sep 29, 2025
Oct 10, 2025
Jun 27, 2025
$0.27
Jun 27, 2025
Jul 11, 2025
Mar 31, 2025
$0.25
Mar 31, 2025
Apr 11, 2025
Dividend Charts
TOWN Dividends
TOWN Dividend Growth (YoY)
Follow-Up Questions
What is TowneBank's current dividend paid and annual dividend?
The current dividend paid by TowneBank is $0.70. The annual dividend for TowneBank is $0.9992
What is TowneBank's dividend payout ratio?
The dividend payout ratio for TowneBank is 43.28%
What is the ex-dividend date for TOWN?
The ex-dividend date for TowneBank is May 4, 2026.
How often does TowneBank pay dividends?
Quarterly. The last time TowneBank paid dividend was on May 20, 2026