TowneBank Announces Quarterly Cash Dividend
TowneBank (NASDAQ: TOWN), based in Hampton Roads, has announced its third-quarter shareholder cash dividend of $0.25 per common share. The dividend will be payable on October 11, 2024, to shareholders of record on September 30, 2024. This declaration demonstrates TowneBank's commitment to providing returns to its shareholders. However, it's important to note that future cash dividends are subject to Board of Directors' approval and regulatory restrictions. This announcement provides investors with clarity on the upcoming dividend payment and reinforces the company's financial stability.
TowneBank (NASDAQ: TOWN), con sede a Hampton Roads, ha annunciato il suo dividendo in contante per gli azionisti del terzo trimestre di $0,25 per azione ordinaria. Il dividendo sarà pagabile l'11 ottobre 2024 agli azionisti registrati il 30 settembre 2024. Questa dichiarazione dimostra l'impegno di TowneBank a fornire rendimenti ai propri azionisti. Tuttavia, è importante notare che i dividendi in contante futuri sono soggetti all'approvazione del Consiglio di Amministrazione e a restrizioni regolamentari. Questo annuncio fornisce agli investitori chiarezza sulla prossima distribuzione del dividendo e rafforza la stabilità finanziaria dell'azienda.
TowneBank (NASDAQ: TOWN), con sede en Hampton Roads, ha anunciado su dividendo en efectivo para accionistas del tercer trimestre de $0.25 por acción común. El dividendo será pagadero el 11 de octubre de 2024, a los accionistas registrados el 30 de septiembre de 2024. Esta declaración demuestra el compromiso de TowneBank con proporcionar retornos a sus accionistas. Sin embargo, es importante notar que los dividendos en efectivo futuros están sujetos a la aprobación de la Junta Directiva y a restricciones regulatorias. Este anuncio proporciona a los inversores claridad sobre el próximo pago del dividendo y refuerza la estabilidad financiera de la empresa.
TowneBank (NASDAQ: TOWN)는 햄프턴 로드에 본사를 두고 있으며, 당기 주주 현금 배당금으로 주당 0.25달러를 발표했습니다. 배당금은 2024년 10월 11일에 지급될 예정이며, 2024년 9월 30일 현재 주주에게 지급됩니다. 이 발표는 TowneBank가 주주에게 수익을 제공하기 위한 노력을 보여줍니다. 그러나 미래의 현금 배당금은 이사회의 승인 및 규제 제한을 받을 수 있다는 점에 유의하는 것이 중요합니다. 이 발표는 투자자에게 다가오는 배당금 지급에 대한 명확성을 제공하며 회사의 재무 안정성을 강화합니다.
TowneBank (NASDAQ: TOWN), basé à Hampton Roads, a annoncé son dividende en espèces pour les actionnaires du troisième trimestre de 0,25 $ par action ordinaire. Le dividende sera payable le 11 octobre 2024, aux actionnaires enregistrés au 30 septembre 2024. Cette déclaration montre l'engagement de TowneBank à fournir des rendements à ses actionnaires. Cependant, il est important de noter que les futurs dividendes en espèces sont soumis à l'approbation du conseil d'administration et à des restrictions réglementaires. Cette annonce apporte aux investisseurs une clarté concernant le paiement du dividende à venir et renforce la stabilité financière de l'entreprise.
TowneBank (NASDAQ: TOWN), mit Sitz in Hampton Roads, hat seine Bardividende für Aktionäre für das dritte Quartal in Höhe von 0,25 USD pro Stammaktie bekannt gegeben. Die Dividende wird am 11. Oktober 2024 ausgezahlt, an die Aktionäre, die am 30. September 2024 registriert sind. Diese Bekanntgabe zeigt das Engagement von TowneBank, seinen Aktionären Renditen zu bieten. Es ist jedoch wichtig zu beachten, dass zukünftige Bardividenden der Genehmigung des Vorstands und regulatorischen Einschränkungen unterliegen. Diese Ankündigung bietet den Investoren Klarheit über die bevorstehende Dividendenzahlung und stärkt die finanzielle Stabilität des Unternehmens.
- Declared a quarterly dividend of $0.25 per common share
- Maintaining consistent dividend payments, indicating financial stability
- None.
SUFFOLK, Va., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors declared its third-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.
Now celebrating 25 years, TowneBank operates 50 banking 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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