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Calvin B. Taylor Bankshares, Inc. Announces Increase in Quarterly Cash Dividend to $0.36 per Share

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Calvin B. Taylor Bankshares, Inc. (OTCQX:TYCB), the parent company of Calvin B. Taylor Bank, has announced an increase in its quarterly cash dividend. The Board of Directors has declared a regular quarterly cash dividend of $0.36 per share for the third quarter of 2024, representing a $0.01 increase compared to the previous quarter. This dividend will be payable on October 31, 2024 to stockholders of record as of the close of business on October 21, 2024. The increase in dividend demonstrates the company's commitment to delivering value to its shareholders and may indicate confidence in its financial performance.

Calvin B. Taylor Bankshares, Inc. (OTCQX:TYCB), la società madre di Calvin B. Taylor Bank, ha annunciato un aumento del suo dividendo in contante trimestrale. Il Consiglio di Amministrazione ha dichiarato un dividendo regolare in contante di $0.36 per azione per il terzo trimestre del 2024, che rappresenta un aumento di $0.01 rispetto al trimestre precedente. Questo dividendo sarà pagabile il 31 ottobre 2024 agli azionisti registrati alla chiusura degli affari del 21 ottobre 2024. L'aumento del dividendo dimostra l'impegno della società nel fornire valore ai propri azionisti e potrebbe indicare fiducia nelle sue performance finanziarie.

Calvin B. Taylor Bankshares, Inc. (OTCQX:TYCB), la empresa matriz de Calvin B. Taylor Bank, ha anunciado un aumento en su dividendo en efectivo trimestral. La Junta Directiva ha declarado un dividendo regular en efectivo de $0.36 por acción para el tercer trimestre de 2024, lo que representa un aumento de $0.01 en comparación con el trimestre anterior. Este dividendo se pagará el 31 de octubre de 2024 a los accionistas registrados al cierre de operaciones del 21 de octubre de 2024. El aumento del dividendo demuestra el compromiso de la empresa de ofrecer valor a sus accionistas y puede indicar confianza en su desempeño financiero.

칼빈 B. 테일러 뱅크셰어스, Inc. (OTCQX:TYCB), 칼빈 B. 테일러 은행의 모회사, 는 분기별 현금 배당금을 인상한다고 발표했습니다. 이사회는 2024년 3분기에 대한 정기 분기 현금 배당금으로 주당 $0.36을 선언했으며, 이는 이전 분기 대비 $0.01 증가한 것입니다. 이 배당금은 2024년 10월 31일2024년 10월 21일 사업 마감 시점의 주주에게 지급됩니다. 배당금 인상은 회사가 주주에게 가치를 제공하려는 의지를 보여주며, 재무 성과에 대한 신뢰를 나타낼 수 있습니다.

Calvin B. Taylor Bankshares, Inc. (OTCQX:TYCB), la société mère de Calvin B. Taylor Bank, a annoncé une augmentation de son dividende trimestriel en espèces. Le conseil d'administration a déclaré un dividende trimestriel régulier en espèces de 0,36 $ par action pour le troisième trimestre de 2024, ce qui représente une augmentation de 0,01 $ par rapport au trimestre précédent. Ce dividende sera payé le 31 octobre 2024 aux actionnaires enregistrés à la clôture des affaires le 21 octobre 2024. L'augmentation du dividende démontre l'engagement de l'entreprise à offrir de la valeur à ses actionnaires et peut indiquer une confiance en sa performance financière.

Calvin B. Taylor Bankshares, Inc. (OTCQX:TYCB), die Muttergesellschaft der Calvin B. Taylor Bank, hat eine Erhöhung ihrer vierteljährlichen Bardividende bekannt gegeben. Der Vorstand hat eine reguläre vierteljährliche Bardividende von 0,36 $ pro Aktie für das dritte Quartal 2024 erklärt, was eine Erhöhung um 0,01 $ im Vergleich zum vorherigen Quartal darstellt.Diese Dividende wird am 31. Oktober 2024 an Aktionäre ausbezahlt, die am Ende des Geschäftstags am 21. Oktober 2024 im Register stehen. Die Erhöhung der Dividende zeigt das Engagement des Unternehmens, seinen Aktionären Wert zu bieten, und könnte Vertrauen in seine finanzielle Leistung anzeigen.

Positive
  • Quarterly cash dividend increased by $0.01 to $0.36 per share
  • Dividend increase suggests company confidence in financial performance
  • Consistent dividend payments indicate stable cash flow
Negative
  • None.

BERLIN, MD / ACCESSWIRE / October 10, 2024 / Calvin B. Taylor Bankshares, Inc. (OTCQX:TYCB), parent company of Calvin B. Taylor Bank, announced the Board of Directors has declared a regular quarterly cash dividend of $0.36 per share for the third quarter of 2024 which is an increase of $0.01 per share, compared to the prior quarter. This dividend is payable on October 31, 2024 to stockholders of record as of the close of business on October 21, 2024.

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About Calvin B. Taylor Bank
Calvin B. Taylor Bank, the bank subsidiary of Calvin B. Taylor Bankshares, Inc. (OTCQX: TYCB), founded in 1890, offers a wide range of loan, deposit, and ancillary banking services through both physical and digital delivery channels. Calvin B. Taylor Bank has 12 banking locations in Maryland, Delaware, and Virginia on the Delmarva Peninsula.

Contact
M. Dean Lewis, Executive Vice President and Chief Financial Officer
410-641-1700, taylorbank.com

SOURCE: Calvin B. Taylor Bankshares, Inc.



View the original press release on accesswire.com

FAQ

What is the new quarterly dividend amount for Calvin B. Taylor Bankshares (TYCB)?

The new quarterly dividend amount for Calvin B. Taylor Bankshares (TYCB) is $0.36 per share, an increase of $0.01 compared to the previous quarter.

When will Calvin B. Taylor Bankshares (TYCB) pay its Q3 2024 dividend?

Calvin B. Taylor Bankshares (TYCB) will pay its Q3 2024 dividend on October 31, 2024.

What is the record date for Calvin B. Taylor Bankshares' (TYCB) Q3 2024 dividend?

The record date for Calvin B. Taylor Bankshares' (TYCB) Q3 2024 dividend is October 21, 2024, at the close of business.

How much did Calvin B. Taylor Bankshares (TYCB) increase its quarterly dividend?

Calvin B. Taylor Bankshares (TYCB) increased its quarterly dividend by $0.01 per share.

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