TowneBank Announces Quarterly Cash Dividend
TowneBank (NASDAQ: TOWN) has declared its first-quarter cash dividend for shareholders. The Hampton Roads based financial institution will distribute $0.25 per common share on April 11, 2025, to shareholders of record as of March 31, 2025. The company notes that future dividend amounts and declarations will require Board approval and must comply with regulatory restrictions.
TowneBank (NASDAQ: TOWN) ha dichiarato il suo dividendo in contante per il primo trimestre per gli azionisti. L'istituzione finanziaria con sede a Hampton Roads distribuirà $0,25 per azione ordinaria il 11 aprile 2025, agli azionisti registrati al 31 marzo 2025. L'azienda sottolinea che gli importi e le dichiarazioni dei dividendi futuri richiederanno l'approvazione del Consiglio e devono rispettare le restrizioni normative.
TowneBank (NASDAQ: TOWN) ha declarado su dividendo en efectivo del primer trimestre para los accionistas. La institución financiera con sede en Hampton Roads distribuirá $0.25 por acción ordinaria el 11 de abril de 2025, a los accionistas registrados hasta el 31 de marzo de 2025. La compañía señala que los montos y declaraciones de dividendos futuros requerirán la aprobación de la Junta y deberán cumplir con las restricciones regulatorias.
TowneBank (NASDAQ: TOWN)는 주주를 위한 첫 분기 현금 배당금을 선언했습니다. 햄프턴 로드에 본사를 둔 이 금융 기관은 2025년 4월 11일에 주당 $0.25를 배당할 예정이며, 2025년 3월 31일 기준으로 주주에게 지급됩니다. 회사는 향후 배당금 금액 및 선언이 이사회 승인을 필요로 하며 규제 제한을 준수해야 한다고 언급했습니다.
TowneBank (NASDAQ: TOWN) a déclaré son premier dividende en espèces pour le premier trimestre pour les actionnaires. L'institution financière basée à Hampton Roads distribuera 0,25 $ par action ordinaire le 11 avril 2025, aux actionnaires enregistrés au 31 mars 2025. La société souligne que les montants et déclarations de dividendes futurs nécessiteront l'approbation du Conseil et devront respecter les restrictions réglementaires.
TowneBank (NASDAQ: TOWN) hat seine erste Bar-Dividende für das erste Quartal für die Aktionäre erklärt. Die in Hampton Roads ansässige Finanzinstitution wird am 11. April 2025 0,25 $ pro Stammaktie an die Aktionäre auszahlen, die am 31. März 2025 registriert sind. Das Unternehmen weist darauf hin, dass zukünftige Dividendenbeträge und -erklärungen der Genehmigung des Vorstands bedürfen und den regulatorischen Beschränkungen unterliegen müssen.
- Maintaining quarterly dividend payments indicates financial stability
- $0.25 per share dividend provides steady income for shareholders
- None.
SUFFOLK, Va., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors declared its first-quarter shareholder cash dividend of
The amount and declaration of future cash dividends are subject to Board of Directors’ approval in addition to regulatory restrictions.
About TowneBank:
Founded in 1999, TowneBank is a company built on relationships, offering a full range of banking and other financial services, with a focus of serving others and enriching lives. Dedicated to a culture of caring, TowneBank values all employees and members by embracing their diverse talents, perspectives, and experiences.
Today, TowneBank operates over 50 offices throughout Hampton Roads and Central Virginia, as well as Northeastern and Central North Carolina – serving as a local leader in promoting the social, cultural, and economic growth in each community. Towne offers a competitive array of business and personal banking solutions, delivered with only the highest ethical standards. Experienced local bankers providing a higher level of expertise and personal attention with local decision-making are key to the TowneBank strategy. TowneBank has grown its capabilities beyond banking to provide expertise through its affiliated companies that include Towne Wealth Management, Towne Insurance Agency, Towne Benefits, TowneBank Mortgage, TowneBank Commercial Mortgage, Berkshire Hathaway HomeServices RW Towne Realty, Towne 1031 Exchange, LLC, and Towne Vacations. With total assets of
Media contact:
G. Robert Aston, Jr., Executive Chairman, 757-638-6780
William I. Foster III, President and Chief Executive Officer, 757-417-6482
Investor contact:
William B. Littreal, Chief Financial Officer, 757-638-6813
FAQ
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