Calvin B. Taylor Bankshares, Inc. Announces Quarterly Cash Dividend of $0.30 per Share

Rhea-AI Summary

Calvin B. Taylor Bankshares (OTCQX:TYCB) has declared a quarterly cash dividend of $0.30 per share, payable on July 15, 2022, to stockholders of record as of June 30, 2022. This decision reflects the bank's ongoing commitment to return value to its shareholders. The bank operates 12 locations across the eastern Delmarva Peninsula, offering a variety of banking services. The dividend demonstrates confidence in the bank's financial health and operational performance, an essential factor for investors looking at long-term returns.

Positive

• Quarterly cash dividend declared at $0.30 per share, signaling strong shareholder returns.
• Dividend payment reflects confidence in the bank's financial stability and operational performance.

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• None.

BERLIN, MD / ACCESSWIRE / June 10, 2022 / Calvin B. Taylor Bankshares, Inc. (OTCQX:TYCB), parent company of Calvin B. Taylor Bank, announced today that the Board of Directors has declared a regular quarterly cash dividend of $0.30 per share. This dividend is payable on July 15, 2022 to stockholders of record as of June 30, 2022.

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 within the eastern coastal area of the Delmarva Peninsula including Worcester County, Maryland, Sussex County, Delaware and Accomack County, Virginia.

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

SOURCE: Calvin B. Taylor Bankshares, Inc.

View source version on accesswire.com:
https://www.accesswire.com/704607/Calvin-B-Taylor-Bankshares-Inc-Announces-Quarterly-Cash-Dividend-of-030-per-Share

FAQ

What is the amount of the dividend declared by Calvin B. Taylor Bankshares for July 2022?

The dividend declared is $0.30 per share.

When is the dividend payment date for Calvin B. Taylor Bankshares?

The dividend payment date is July 15, 2022.

What is the record date for the dividend payment by Calvin B. Taylor Bankshares?

The record date for the dividend payment is June 30, 2022.

How often does Calvin B. Taylor Bankshares pay dividends?

Calvin B. Taylor Bankshares pays dividends quarterly.