TOWN TowneBank — dividend yield, history & ex-dividend dates
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
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.
How the Dividend Safety Score is built for TOWN
| Input | Value | Points | Weight |
|---|---|---|---|
| Earnings payout ratio | Earnings payout ratio 48% (TTM to Jun 30, 2026) | 92 | 20% |
| FCF payout ratio | FCF payout ratio 116% (TTM to Jun 30, 2026) | 14 | 25% |
| Net debt / EBITDA | Net debt / EBITDA 0.7x (TTM to Jun 30, 2026) | 100 | 15% |
| Interest coverage | Interest coverage 1.4x (TTM to Jun 30, 2026) | 11 | 10% |
| Dividend record | 23 years of uninterrupted regular payments | 87 | 20% |
| Earnings stability | Net 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
| Input | Value | Points | Weight |
|---|---|---|---|
| 5-year dividend growth | 5-year dividend CAGR 8.0% (2020–2025) | 90 | 25% |
| Consecutive annual increases | 14 consecutive annual increases (through 2025) | 85 | 20% |
| Payout headroom | Headroom 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 growth | 10-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
| Input | Value | Points | Weight |
|---|---|---|---|
| Yield vs own history | Current yield at the 62nd percentile of its 120 month-end yields | 62 | 40% |
| P/E vs own 5-year median | P/E 10.3 is 0.71x its 5-year median of 14.4 | 89 | 25% |
| FCF yield | FCF yield 3.9% (TTM to Jun 30, 2026) | 54 | 20% |
| P/E vs peers | P/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
Quote & Key Data
Dividend Growth
How often a record like this ends in a cut
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
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.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| 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 |
Related Guides & Lists
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.