Towne Bank Dividends

The next dividend date for Towne Bank has not yet been scheduled.

What is a Dividend Date

When we talk about a dividend date, we’re referring specifically to the ex-dividend date.

This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.

The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.

Most brokerages will automatically credit the dividend to your account once it’s issued.

Historical Dividends for Towne Bank (TOWN)

Date	Declaration Date	Record Date	Payment Date	Amount
06/27/2025	05/13/2025	06/27/2025	07/11/2025	$0.27
03/31/2025	02/26/2025	03/31/2025	04/11/2025	$0.25
12/31/2024	11/27/2024	12/31/2024	01/14/2025	$0.25
09/30/2024	08/28/2024	09/30/2024	10/11/2024	$0.25
06/28/2024	05/29/2024	06/28/2024	07/12/2024	$0.25
03/27/2024	02/28/2024	03/29/2024	04/12/2024	$0.25
12/28/2023	11/29/2023	12/29/2023	01/12/2024	$0.25
09/28/2023	08/23/2023	09/29/2023	10/13/2023	$0.25
06/29/2023	05/24/2023	06/30/2023	07/14/2023	$0.25
03/29/2023	02/22/2023	03/30/2023	04/12/2023	$0.23
12/29/2022	11/28/2022	12/30/2022	01/12/2023	$0.23
09/29/2022	08/24/2022	09/30/2022	10/14/2022	$0.23
06/29/2022	05/25/2022	06/30/2022	07/12/2022	$0.23
03/29/2022	02/23/2022	03/30/2022	04/08/2022	$0.20
12/29/2021	11/24/2021	12/30/2021	01/12/2022	$0.20
09/29/2021	08/25/2021	09/30/2021	10/12/2021	$0.20
06/29/2021	06/02/2021	06/30/2021	07/09/2021	$0.20
03/29/2021	02/24/2021	03/30/2021	04/09/2021	$0.18
12/29/2020	12/02/2020	12/30/2020	01/11/2021	$0.18
09/29/2020	08/26/2020	09/30/2020	10/09/2020	$0.18
06/29/2020	05/27/2020	06/30/2020	07/10/2020	$0.18
03/27/2020	02/26/2020	03/30/2020	04/10/2020	$0.18
12/27/2019	11/27/2019	12/30/2019	01/10/2020	$0.18
09/27/2019	08/28/2019	09/30/2019	10/10/2019	$0.18
06/27/2019	05/21/2019	06/28/2019	07/10/2019	$0.18
03/28/2019	02/27/2019	03/29/2019	04/10/2019	$0.16
12/27/2018	11/28/2018	12/28/2018	01/11/2019	$0.16
09/27/2018	08/22/2018	09/28/2018	10/10/2018	$0.16
06/28/2018	05/22/2018	06/29/2018	07/10/2018	$0.16
03/28/2018	02/28/2018	03/29/2018	04/10/2018	$0.14
12/28/2017	11/22/2017	12/29/2017	01/12/2018	$0.14
09/28/2017	08/23/2017	09/29/2017	10/12/2017	$0.14
06/28/2017	---	06/30/2017	07/12/2017	$0.14
03/28/2017	02/22/2017	03/30/2017	04/12/2017	$0.13
12/28/2016	11/23/2016	12/30/2016	01/12/2017	$0.13
09/28/2016	08/24/2016	09/30/2016	10/12/2016	$0.13
06/28/2016	05/18/2016	06/30/2016	07/12/2016	$0.13
03/28/2016	02/24/2016	03/30/2016	04/12/2016	$0.12
12/28/2015	11/25/2015	12/30/2015	01/12/2016	$0.12
09/28/2015	08/26/2015	09/30/2015	10/09/2015	$0.12
06/26/2015	05/20/2015	06/30/2015	07/10/2015	$0.12
03/26/2015	02/27/2015	03/30/2015	04/10/2015	$0.11
12/26/2014	11/26/2014	12/30/2014	01/12/2015	$0.11
09/24/2014	08/27/2014	09/26/2014	10/10/2014	$0.11
06/25/2014	05/20/2014	06/27/2014	07/11/2014	$0.11
03/26/2014	02/26/2014	03/28/2014	04/11/2014	$0.10
12/27/2013	11/27/2013	12/31/2013	01/10/2014	$0.10
09/25/2013	08/28/2013	09/27/2013	10/11/2013	$0.10
06/26/2013	05/29/2013	06/28/2013	07/12/2013	$0.09
03/26/2013	02/27/2013	03/29/2013	04/12/2013	$0.09
12/05/2012	11/28/2012	12/07/2012	12/28/2012	$0.09
09/26/2012	---	09/28/2012	10/12/2012	$0.08
06/27/2012	---	06/29/2012	07/12/2012	$0.08
03/28/2012	---	03/30/2012	04/12/2012	$0.08
12/28/2011	---	12/30/2011	01/12/2012	$0.08
09/28/2011	---	09/30/2011	10/12/2011	$0.08
06/28/2011	---	06/30/2011	07/12/2011	$0.08
03/29/2011	---	03/31/2011	04/12/2011	$0.08
12/29/2010	---	12/31/2010	01/11/2011	$0.08
09/28/2010	---	09/30/2010	10/12/2010	$0.08
06/28/2010	---	06/30/2010	07/12/2010	$0.08
03/29/2010	---	03/31/2010	04/12/2010	$0.08
12/29/2009	---	12/31/2009	01/11/2010	$0.08
09/28/2009	---	09/30/2009	10/09/2009	$0.08
06/29/2009	---	07/01/2009	07/10/2009	$0.08
03/30/2009	---	04/01/2009	04/10/2009	$0.08
12/29/2008	---	12/31/2008	01/09/2009	$0.08
09/29/2008	---	10/01/2008	10/10/2008	$0.08
06/27/2008	---	07/01/2008	07/10/2008	$0.08
03/28/2008	---	04/01/2008	04/10/2008	$0.08
12/27/2007	---	12/31/2007	01/10/2008	$0.08
09/27/2007	---	10/01/2007	10/11/2007	$0.08
06/28/2007	---	07/02/2007	07/16/2007	$0.08
03/29/2007	---	04/02/2007	04/16/2007	$0.08
12/18/2006	---	12/20/2006	01/16/2007	$0.29
02/22/2006	---	02/24/2006	03/10/2006	$0.22
02/23/2005	---	02/25/2005	03/14/2005	$0.12
04/16/2004	---	02/27/2004	03/15/2004	$0.06
04/23/2003	---	04/25/2003	05/08/2003	$0.03

More About Towne Bank

Website

https://www.townebank.com

Country

USA

Full Time Employees

2,907

TowneBank provides retail and commercial banking services for individuals, commercial enterprises, and professionals in Virginia and North Carolina. The company operates through three segments: Banking, Realty, and Insurance. It accepts various deposits, including demand deposits, savings accounts, money rate savings, certificates of deposit, and individual retirement accounts. The company also offers secured and unsecured personal loans for financing automobiles, home improvements, education, and personal investments; commercial loans for working capital, business expansion, and equipment and machinery purchases; and mortgage loans, as well as real estate acquisition, development, and construction loans. In addition, it provides other services, such as safe deposit boxes, treasury management services, direct deposit of payroll and social security checks, and automatic drafts for various accounts, as well as online, mobile, and on-call banking services. Further, the company offers documentation services to accomplish tax deferral to investors; investment and asset management services; commercial mortgage brokerage services; and other financial services, such as financial, retirement, and estate planning services, as well as assistance on various investment options comprising alternative investments, annuities, margin accounts, convertible bonds, and pension and profit-sharing plans. Additionally, it provides residential property management services, real estate brokerage services, vacation rentals, and title and settlement services; and originates residential mortgage loans. The company also offers life, property, casualty, and vehicle insurance services; and employee benefit programs, such as health, dental, vision, and disability insurance. TowneBank was incorporated in 1998 and is based in Portsmouth, Virginia.

Owning Towne Bank Stock on the Dividend Date

If you own Towne Bank stock on the ex-dividend date, then you earn the associated dividend.

Theoretically, the price of Towne Bank stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Towne Bank stock).

Therefore, it is typically not expected that there is any incremental profit to be gained from buying Towne Bank stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Towne Bank dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.

Learning More Towne Bank Dividends

You can contact us any time if you would like to ask questions about Towne Bank dividends or anything else related to the stock market.