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TOWN TowneBank — dividend yield, history & ex-dividend dates

NASDAQ Global Select· Quarterly dividend· Common Stock · Financial Services / Banks - Regional

$36.45 ▲ $0.36(1.00%) as of Oct 30, 2026 06:20 UTC
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TowneBank functions as a comprehensive financial institution, delivering a wide array of retail and commercial banking services to individuals, businesses, and professionals. Its operations are structured across three primary divisions: Banking, Realty, and Insurance. Clients can establish diverse deposit accounts, such as checking accounts, standard savings, high-yield savings, certificates of deposit (CDs), and individual retirement accounts. The bank facilitates various lending solutions, including secured and unsecured personal loans for purchases like vehicles, home renovations, educational expenses, and individual investments. It also extends commercial loans designed for working capital, business growth, and the acquisition of equipment. Furthermore, TowneBank provides mortgage financing, encompassing general home loans and specialized loans for real estate acquisition, development, and construction. Beyond core lending and deposit offerings, TowneBank delivers practical services like safe deposit boxes, comprehensive treasury management, direct deposit for paychecks and government benefits, and automated transfers. Modern banking conveniences are also available through its online, mobile, and on-call platforms. Moreover, it supports investors with documentation for tax deferral, offers expertise in investment and asset management, and provides commercial mortgage brokerage. The institution also delivers a suite of financial planning services, including retirement and estate planning, and guides clients through diverse investment opportunities like alternative investments, annuities, margin accounts, convertible bonds, and pension and profit-sharing programs. Its realty division handles residential real estate services, including relocation assistance, property management, vacation rentals, and title and settlement processes. It also originates residential mortgage loans. Through its insurance arm, TowneBank furnishes various types of coverage, such as life, property, casualty, and auto insurance. It additionally administers employee benefits packages, encompassing health, dental, vision, and disability insurance. TowneBank maintains a regional presence across Richmond and the greater Hampton Roads area in southeastern Virginia, extending into northeastern North Carolina, Raleigh, Charlotte, Greensboro, and Greenville, North Carolina. Founded in 1998,

Dividend Snapshot

StatusGrowing
Last Dividend$0.2800Paid Oct 09, 2026
Forward Annual$1.12From the $0.2800 dividend declared Aug 26, 2026
FrequencyQuarterly
Last Ex-DateSep 25, 2026The most recent ex-dividend date that has already passed.
1-Yr Growth6.0%Annual totals, 2024–2025
10-Yr Growth8.5%Annual totals, 2015–2025

Research Scores

Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.

Dividend Safety Score

66/100

Strong indicators

Complete data

Dividend Growth Score

78/100

Strong growth record

Complete data

Dividend Value Score

73/100

Below own historical valuation

Complete data

DividendRank

72/100

Upper middle of the scale

Complete data

How the Dividend Safety Score is built for TOWN
Dividend Safety Score inputs, points and weights
InputValuePointsWeight
Earnings payout ratioEarnings payout ratio 48% (TTM to Jun 30, 2026) 92 20%
FCF payout ratioFCF payout ratio 116% (TTM to Jun 30, 2026) 14 25%
Net debt / EBITDANet debt / EBITDA 0.7x (TTM to Jun 30, 2026) 100 15%
Interest coverageInterest coverage 1.4x (TTM to Jun 30, 2026) 11 10%
Dividend record23 years of uninterrupted regular payments 87 20%
Earnings stabilityNet income positive in 5 of the last 5 fiscal years (FY2021–FY2025) 100 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

How the Dividend Growth Score is built for TOWN
Dividend Growth Score inputs, points and weights
InputValuePointsWeight
5-year dividend growth5-year dividend CAGR 8.0% (2020–2025) 90 25%
Consecutive annual increases14 consecutive annual increases (through 2025) 85 20%
Payout headroomHeadroom from the earnings payout ratio 48% (TTM to Jun 30, 2026) 87 20%
Earnings per share growth (3 years)EPS CAGR -5.3% (FY2022–FY2025) 14 15%
Revenue growth (3 years)Revenue CAGR 10.7% (FY2022–FY2025) 100 10%
10-year dividend growth10-year dividend CAGR 8.5% (2015–2025) 92 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

How the Dividend Value Score is built for TOWN
Dividend Value Score inputs, points and weights
InputValuePointsWeight
Yield vs own historyCurrent yield at the 62nd percentile of its 120 month-end yields 62 40%
P/E vs own 5-year medianP/E 10.3 is 0.71x its 5-year median of 14.4 89 25%
FCF yieldFCF yield 3.9% (TTM to Jun 30, 2026) 54 20%
P/E vs peersP/E 10.3 vs peer median 19.4 (0.53x; 65 corporation / Financial Services securities) 100 15%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

Key Metrics

Current Yield

3.07%

At the Oct 30, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$1.1200

Declared Aug 26, 2026

The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.

Frequency

Q Quarterly

How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

RSI (14)

55

As of Oct 30, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$32.02 – $38.76

Closes through Oct 23, 2026

The lowest and highest price over the past year, showing where today's price sits in its recent range.

Payout Ratio (TTM)

48.57%

12 months to Jun 30, 2026 (Q2 FY2026)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

23

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

1.13

Price as of Oct 25, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score 66/100, yield 3.07%.
A Accelerating
14 consecutive years of dividend increases.
F Flawless
A calendar year's regular dividend total fell more than 20% below the year before.
E Enduring
23 years of dividend payments on record.

Quote & Key Data

ExchangeNASDAQ Global SelectThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume475,822Oct 23, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$36.56Oct 23, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$36.37 – $36.89Oct 23, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$36.74Close of Oct 22, 2026The closing price from the session before the one dated beside these figures.
Market Cap$3.37BAs of Oct 30, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out92.44MImplied by market cap, Oct 30, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$3.4012 months to Jun 30, 2026 (Q2 FY2026)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)10.3Price as of Oct 25, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateSep 25, 2026Paid Oct 09, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateN/ANone declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)6.0%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)8.0%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded.
Consecutive Increases14 yrsAnnual totals through 2025The number of consecutive years the dividend has increased.

How often a record like this ends in a cut

Years the payout rose18Since Apr 2003
Rank among payers554of 2,430 with a record
Years it fell over 20%1in 22 comparable years
Of peers with 10 to 24 up years75%also cut at some point

TOWN has raised its annual dividend in 18 separate years since April 2003, which ranks 554 among the 2,430 payers with a comparable record in our dataset. In 1 year the annual total fell by more than a fifth.

Of the 878 companies we track with 10 to 24 years of increases, 661 — 75 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 277 of 1078 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.

Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.

Why the Yield Moved (90 Days)

TOWN's dividend yield rose from 2.94% to 3.07% over the past ~90 days (+0.14 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.14 pp from the share price ($38.14 on Aug 03, 2026 → $36.45 on Oct 30, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current3.07%
1-Yr Average3.12%
Low / High2.87% – 3.38%
Percentile36%

Across 272 daily observations over the past 13 months (through Oct 23, 2026), TOWN's current yield is higher than approximately 36% of them. Our stored price history for TOWN covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.2800 Q Regular Aug 26, 2026 Sep 25, 2026 Sep 25, 2026 Oct 09, 2026
$0.2800 Q Regular May 19, 2026 Jun 26, 2026 Jun 26, 2026 Jul 10, 2026
$0.7000 S Special Apr 22, 2026 May 04, 2026 May 04, 2026 May 20, 2026
$0.2700 Q Regular Feb 25, 2026 Mar 31, 2026 Mar 31, 2026 Apr 10, 2026
$0.2700 Q Regular Nov 26, 2025 Dec 26, 2025 Dec 26, 2025 Jan 07, 2026
$0.2700 Q Regular Aug 27, 2025 Sep 29, 2025 Sep 29, 2025 Oct 10, 2025
$0.2700 Q Regular May 13, 2025 Jun 27, 2025 Jun 27, 2025 Jul 11, 2025
$0.2500 Q Regular Feb 26, 2025 Mar 31, 2025 Mar 31, 2025 Apr 11, 2025
$0.2500 Q Regular Nov 27, 2024 Dec 31, 2024 Dec 31, 2024 Jan 14, 2025
$0.2500 Q Regular Aug 28, 2024 Sep 30, 2024 Sep 30, 2024 Oct 11, 2024
$0.2500 Q Regular May 29, 2024 Jun 28, 2024 Jun 28, 2024 Jul 12, 2024
$0.2500 Q Regular Feb 28, 2024 Mar 27, 2024 Mar 29, 2024 Apr 12, 2024
$0.2500 Q Regular Nov 29, 2023 Dec 28, 2023 Dec 29, 2023 Jan 12, 2024
$0.2500 Q Regular Aug 23, 2023 Sep 28, 2023 Sep 29, 2023 Oct 13, 2023
$0.2500 Q Regular May 24, 2023 Jun 29, 2023 Jun 30, 2023 Jul 14, 2023
$0.2300 Q Regular Feb 22, 2023 Mar 29, 2023 Mar 30, 2023 Apr 12, 2023
$0.2300 Q Regular Nov 28, 2022 Dec 29, 2022 Dec 30, 2022 Jan 12, 2023
$0.2300 Q Regular Aug 24, 2022 Sep 29, 2022 Sep 30, 2022 Oct 14, 2022
$0.2300 Q Regular May 25, 2022 Jun 29, 2022 Jun 30, 2022 Jul 12, 2022
$0.2000 Q Regular Feb 23, 2022 Mar 29, 2022 Mar 30, 2022 Apr 08, 2022
$0.2000 Q Regular Nov 24, 2021 Dec 29, 2021 Dec 30, 2021 Jan 12, 2022
$0.2000 Q Regular Aug 25, 2021 Sep 29, 2021 Sep 30, 2021 Oct 12, 2021
$0.2000 Q Regular Jun 02, 2021 Jun 29, 2021 Jun 30, 2021 Jul 09, 2021
$0.1800 Q Regular Feb 24, 2021 Mar 29, 2021 Mar 30, 2021 Apr 09, 2021
$0.1800 Q Regular Dec 02, 2020 Dec 29, 2020 Dec 30, 2020 Jan 11, 2021
$0.1800 Q Regular Aug 26, 2020 Sep 29, 2020 Sep 30, 2020 Oct 09, 2020
$0.1800 Q Regular May 27, 2020 Jun 29, 2020 Jun 30, 2020 Jul 10, 2020
$0.1800 Q Regular Feb 26, 2020 Mar 27, 2020 Mar 30, 2020 Apr 10, 2020
$0.1800 Q Regular Nov 27, 2019 Dec 27, 2019 Dec 30, 2019 Jan 10, 2020
$0.1800 Q Regular Aug 28, 2019 Sep 27, 2019 Sep 30, 2019 Oct 10, 2019
$0.1800 Q Regular May 22, 2019 Jun 27, 2019 Jun 28, 2019 Jul 10, 2019
$0.1600 Q Regular Feb 27, 2019 Mar 28, 2019 Mar 29, 2019 Apr 10, 2019
$0.1600 Q Regular Nov 28, 2018 Dec 27, 2018 Dec 28, 2018 Jan 11, 2019
$0.1600 Q Regular Aug 22, 2018 Sep 27, 2018 Sep 28, 2018 Oct 10, 2018
$0.1600 Q Regular May 22, 2018 Jun 28, 2018 Jun 29, 2018 Jul 10, 2018
$0.1400 Q Regular Feb 28, 2018 Mar 28, 2018 Mar 29, 2018 Apr 10, 2018
$0.1400 Q Regular Nov 22, 2017 Dec 28, 2017 Dec 29, 2017 Jan 12, 2018
$0.1400 Q Regular Aug 23, 2017 Sep 28, 2017 Sep 29, 2017 Oct 12, 2017
$0.1400 Q Regular May 24, 2017 Jun 28, 2017 Jun 30, 2017 Jul 12, 2017
$0.1300 Q Regular Feb 23, 2017 Mar 28, 2017 Mar 30, 2017 Apr 12, 2017
$0.1300 Q Regular Nov 25, 2016 Dec 28, 2016 Dec 30, 2016 Jan 12, 2017
$0.1300 Q Regular Aug 25, 2016 Sep 28, 2016 Sep 30, 2016 Oct 12, 2016
$0.1300 Q Regular May 19, 2016 Jun 28, 2016 Jun 30, 2016 Jul 12, 2016
$0.1200 Q Regular Feb 25, 2016 Mar 28, 2016 Mar 30, 2016 Apr 12, 2016
$0.1200 Q Regular Nov 27, 2015 Dec 28, 2015 Dec 30, 2015 Jan 12, 2016
$0.1200 Q Regular Aug 27, 2015 Sep 28, 2015 Sep 30, 2015 Oct 09, 2015
$0.1200 Q Regular May 21, 2015 Jun 26, 2015 Jun 30, 2015 Jul 10, 2015
$0.1100 Q Regular Mar 02, 2015 Mar 26, 2015 Mar 30, 2015 Apr 10, 2015
$0.1100 Q Regular Dec 03, 2014 Dec 26, 2014 Dec 30, 2014 Jan 12, 2015
$0.1100 Q Regular Aug 29, 2014 Sep 24, 2014 Sep 26, 2014 Oct 10, 2014
$0.1100 Q Regular May 22, 2014 Jun 25, 2014 Jun 27, 2014 Jul 11, 2014
$0.1000 Q Regular Feb 27, 2014 Mar 26, 2014 Mar 28, 2014 Apr 11, 2014
$0.1000 Q Regular Nov 29, 2013 Dec 27, 2013 Dec 31, 2013 Jan 10, 2014
$0.1000 Q Regular Aug 29, 2013 Sep 25, 2013 Sep 27, 2013 Oct 11, 2013
$0.0900 Q Regular May 31, 2013 Jun 26, 2013 Jun 28, 2013 Jul 12, 2013
$0.0900 Q Regular Mar 01, 2013 Mar 26, 2013 Mar 29, 2013 Apr 12, 2013
$0.0900 Q Regular Nov 29, 2012 Dec 05, 2012 Dec 07, 2012 Dec 28, 2012
$0.0800 Q Regular Aug 23, 2012 Sep 26, 2012 Sep 28, 2012 Oct 12, 2012
$0.0800 Q Regular May 31, 2012 Jun 27, 2012 Jun 29, 2012 Jul 12, 2012
$0.0800 Q Regular Feb 23, 2012 Mar 28, 2012 Mar 30, 2012 Apr 12, 2012
$0.0800 Q Regular Nov 29, 2011 Dec 28, 2011 Dec 30, 2011 Jan 12, 2012
$0.0800 Q Regular Aug 30, 2011 Sep 28, 2011 Sep 30, 2011 Oct 12, 2011
$0.0800 Q Regular May 24, 2011 Jun 28, 2011 Jun 30, 2011 Jul 12, 2011
$0.0800 Q Regular Feb 25, 2011 Mar 29, 2011 Mar 31, 2011 Apr 12, 2011
$0.0800 Q Regular Nov 30, 2010 Dec 29, 2010 Dec 31, 2010 Jan 11, 2011
$0.0800 Q Regular Aug 26, 2010 Sep 28, 2010 Sep 30, 2010 Oct 12, 2010
$0.0800 Q Regular May 28, 2010 Jun 28, 2010 Jun 30, 2010 Jul 12, 2010
$0.0800 Q Regular Feb 26, 2010 Mar 29, 2010 Mar 31, 2010 Apr 12, 2010
$0.0800 Q Regular Dec 01, 2009 Dec 29, 2009 Dec 31, 2009 Jan 11, 2010
$0.0800 Q Regular Sep 18, 2009 Sep 28, 2009 Sep 30, 2009 Oct 09, 2009
$0.0800 Q Regular May 28, 2009 Jun 29, 2009 Jul 01, 2009 Jul 10, 2009
$0.0800 Q Regular Feb 25, 2009 Mar 30, 2009 Apr 01, 2009 Apr 10, 2009
$0.0800 Q Regular Nov 19, 2008 Dec 29, 2008 Dec 31, 2008 Jan 09, 2009
$0.0800 Q Regular Aug 27, 2008 Sep 29, 2008 Oct 01, 2008 Oct 10, 2008
$0.0800 Q Regular May 28, 2008 Jun 27, 2008 Jul 01, 2008 Jul 10, 2008
$0.0800 Q Regular Feb 27, 2008 Mar 28, 2008 Apr 01, 2008 Apr 10, 2008
$0.0800 Q Regular Nov 28, 2007 Dec 27, 2007 Dec 31, 2007 Jan 10, 2008
$0.0777 Q Regular Aug 22, 2007 Sep 27, 2007 Oct 01, 2007 Oct 11, 2007
$0.0777 Q Regular Jun 01, 2007 Jun 28, 2007 Jul 02, 2007 Jul 16, 2007
$0.0777 Q Regular Feb 28, 2007 Mar 29, 2007 Apr 02, 2007 Apr 16, 2007
$0.2913 A Regular Nov 22, 2006 Dec 18, 2006 Dec 20, 2006 Jan 16, 2007
$0.2233 A Regular Jan 25, 2006 Feb 22, 2006 Feb 24, 2006 Mar 10, 2006
$0.1225 A Regular Feb 03, 2005 Feb 23, 2005 Feb 25, 2005 Mar 14, 2005
$0.1000 A Regular Apr 15, 2004 Apr 16, 2004 Feb 27, 2004 N/A
$0.0500 A Regular Mar 31, 2003 Apr 23, 2003 Apr 25, 2003 May 08, 2003

Peer Comparison

Selected Banks - Regional dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
FCNCB First Citizens BancShares, Inc. 0.49% 36.6% 9 yrs 89
PB Prosperity Bancshares, Inc. 3.53% 4.6% 24 yrs 86
CBSH Commerce Bancshares, Inc. 1.98% 5.1% 35 yrs 85
NECB Northeast Community Bancorp, Inc. 3.45% 44.3% 2 yrs 84

TOWN dividend — frequently asked questions

Does TowneBank pay a dividend?

Yes. TowneBank (TOWN) currently pays a dividend. The annualized dividend is about $1.12 per share, a yield of approximately 3.07%.

What is TowneBank's dividend yield?

TowneBank's dividend yield is approximately 3.07%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does TowneBank pay dividends?

TowneBank pays dividends quarterly — 4 times per year.

How long has TowneBank paid dividends?

TowneBank has 23 years of dividend payments on record, and has increased its dividend for 14 consecutive years.

Data updated Oct 30, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.