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TOWN

TowneBank

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

$35.80 ▲ $0.23(0.65%) as of Jul 12, 2026 04:43 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,

Key Metrics

Current Yield

3.13%

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

The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.

Frequency

Q Quarterly

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

Rank Score

69.0

Our 0-100 house score blending yield, payout safety, growth and momentum. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.

RSI (14)

57

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 – $37.65

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

Payout Ratio

46.78%

The share of GAAP earnings paid out as dividends. Lower leaves more cushion; above 100% means paying out more than the company earns. It shows n/a for BDCs, REITs and funds, which pay out of cash flow / net investment income rather than GAAP earnings, so this ratio doesn't apply.

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.

S.A.F.E. Dividend Read

S.A.F.E. is our quick durability read on the dividend: Sustainability, Adequacy, Financial strength and Endurance. Each letter flags green (good) or amber (worth a look).
S Sustainable Payout
Payout ratio 47% leaves coverage room.
A Payment Track Record
23 years of dividend payments.
F Fair Valuation
Price-to-book 1.06.
E Oversold Reading
Not in the oversold range. RSI 57.

Quote & Key Data

ExchangeNASDAQ Global SelectThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume499,800How many shares changed hands in the latest session — a rough read on trading activity.
Open$35.57The price at the start of the latest trading session.
Day Range$35.44 – $35.90The lowest and highest price during the latest trading session.
Prev Close$35.57The closing price from the previous trading session.
Market Cap$2.56BThe company's total market value: share price times shares outstanding.
Shares Out71.50MThe total number of shares the company has issued.
EPS$2.21Earnings per share — profit divided by shares outstanding. Dividends are paid out of these earnings.
P/E16.2Price-to-earnings ratio: share price divided by earnings per share. A rough gauge of how richly the stock is valued.
Ex-DividendJun 26, 2026Buy before this date to receive the upcoming payment. Buy on or after it and the seller keeps that one.
Pay DateJul 10, 2026The date the dividend is actually paid into shareholders' accounts.

Dividend Growth

3-Yr Growth (CAGR)6.0%The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
5-Yr Growth (CAGR)8.0%The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
Consecutive Increases14 yrsThe number of years in a row the dividend has increased — a track record of reliability.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.2800 Q Regular May 19, 2026 Jun 26, 2026 Jun 26, 2026 Jul 10, 2026
$0.7000 S Regular 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 -
$0.0500 A Regular Mar 31, 2003 Apr 23, 2003 Apr 25, 2003 May 08, 2003
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