TowneBank Announces Quarterly Cash Dividend

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Towne Bank (TOWN) Declares $0.12 Quarterly Dividend; 3% Yield

May 20, 2015 2:10 PM EDT

Towne Bank (NASDAQ: TOWN) declared a quarterly dividend of $0.12 per share, or $0.48 annualized.

The dividend will be payable on July 10, 2015, to stockholders of record on June 30, 2015, with an ex-dividend date of June 26, 2015.

The annual yield on the dividend is 3... More