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TOWN Projected Dividend Yield

TowneBank ( NASDAQ : TOWN )

TowneBank is engaged in offering retail and commercial banking services to various markets in Virginia and North Carolina. Co. operates through three segments: Banking, Realty and Insurance. The Banking segment provides loan and deposit services to retail and commercial customers. It also provides commercial mortgage brokerage services and a variety of investment and asset management services. The Realty segment offers residential real estate services, mortgage loans, resort property management, and residential and commercial title insurance. The Insurance segment provides a full line of commercial and consumer insurance products and financial services, as well as employee benefit services.

29 YEAR PERFORMANCE RESULTS

TOWN Dividend History Detail
TOWN Dividend News
TOWN Competitors News

# of Shares: 0

Closing Price: 31.80

Current Market Value: 0.00

Cost Basis: 0.00

Date Acquired:

Dividend Cash Flow
Year	Annual Dividend	Dividend Growth	# of Shares	Annual Dividend Income	Yield On Cost %
2006	0.22	0%	0	$ 0.00	0.00%
2007	0.52	135%	0	$ 0.00	0.00%
2008	0.31	0%	0	$ 0.00	0.00%
2009	0.31	0%	0	$ 0.00	0.00%
2010	0.31	0%	0	$ 0.00	0.00%
2011	0.31	0%	0	$ 0.00	0.00%
2012	0.41	30%	0	$ 0.00	0.00%
2013	0.28	0%	0	$ 0.00	0.00%
2014	0.42	50%	0	$ 0.00	0.00%
2015	0.46	10%	0	$ 0.00	0.00%
2016	0.50	9%	0	$ 0.00	0.00%
2017	0.54	8%	0	$ 0.00	0.00%
2018	0.60	11%	0	$ 0.00	0.00%
2019	0.68	13%	0	$ 0.00	0.00%
2020	0.72	6%	0	$ 0.00	0.00%
2021	0.76	6%	0	$ 0.00	0.00%
2022	0.86	13%	0	$ 0.00	0.00%
2023	0.96	12%	0	$ 0.00	0.00%
2024	1.00	4%	0	$ 0.00	0.00%
2025	1.00	2%	0	$ 0.00	3.14%
2026	1.02	2%	0	$ 0.00	3.21%
2027	1.04	2%	0	$ 0.00	3.27%
2028	1.06	2%	0	$ 0.00	3.34%
2029	1.08	2%	0	$ 0.00	3.41%
2030	1.11	2%	0	$ 0.00	3.48%
2031	1.13	2%	0	$ 0.00	3.55%
2032	1.15	2%	0	$ 0.00	3.62%
2033	1.18	2%	0	$ 0.00	3.70%
2034	1.20	2%	0	$ 0.00	3.77%
2035	1.22	2%	0	$ 0.00	3.85%
Using the current years Dividend Growth rate of 2% and projecting 2% forward the annual dividend income in 10yrs would be $ 0.00 with a yield on cost % of 3.85%
Rolling Last 4 qtrs dividends total $ 1.00 and Previous last 4 qtrs dividends total $ 0.98
Dividend 1 Yr Growth = ( 1.00 – 0.98 ) × 100 = 2% (Click the Edit pencil if you want to modify the forward dividend growth rate projection) 0.98

Year	Declaration Date	Ex-Dividend Date	Record Date	Payable Date	Dividend $ Amount
2025	Feb 26, 2025	Mar 31, 2025	Mar 31, 2025	Apr 11, 2025	0.2500
2025	Nov 27, 2024	Dec 31, 2024	Dec 31, 2024	Jan 14, 2025	0.2500
2025 Total:					0.5000
2024	Aug 28, 2024	Sep 30, 2024	Sep 30, 2024	Oct 11, 2024	0.2500
2024	May 29, 2024	Jun 28, 2024	Jun 28, 2024	Jul 12, 2024	0.2500
2024	Feb 28, 2024	Mar 27, 2024	Mar 29, 2024	Apr 12, 2024	0.2500
2024	Nov 29, 2023	Dec 28, 2023	Dec 29, 2023	Jan 12, 2024	0.2500
2024 Total:					1.0000
2023	Aug 23, 2023	Sep 28, 2023	Sep 29, 2023	Oct 13, 2023	0.2500
2023	May 24, 2023	Jun 29, 2023	Jun 30, 2023	Jul 14, 2023	0.2500
2023	Feb 22, 2023	Mar 29, 2023	Mar 30, 2023	Apr 12, 2023	0.2300
2023	Nov 23, 2022	Dec 29, 2022	Dec 30, 2022	Jan 12, 2023	0.2300
2023 Total:					0.9600
2022	Aug 24, 2022	Sep 29, 2022	Sep 30, 2022	Oct 14, 2022	0.2300
2022	May 25, 2022	Jun 29, 2022	Jun 30, 2022	Jul 12, 2022	0.2300
2022	Feb 23, 2022	Mar 29, 2022	Mar 30, 2022	Apr 08, 2022	0.2000
2022	Nov 24, 2021	Dec 29, 2021	Dec 30, 2021	Jan 12, 2022	0.2000
2022 Total:					0.8600
2021	Aug 25, 2021	Sep 29, 2021	Sep 30, 2021	Oct 12, 2021	0.2000
2021	Jun 01, 2021	Jun 29, 2021	Jun 30, 2021	Jul 09, 2021	0.2000
2021	Feb 24, 2021	Mar 29, 2021	Mar 30, 2021	Apr 09, 2021	0.1800
2021	Dec 02, 2020	Dec 29, 2020	Dec 30, 2020	Jan 11, 2021	0.1800
2021 Total:					0.7600
2020	Aug 26, 2020	Sep 29, 2020	Sep 30, 2020	Oct 09, 2020	0.1800
2020	May 27, 2020	Jun 29, 2020	Jun 30, 2020	Jul 10, 2020	0.1800
2020	Feb 26, 2020	Mar 27, 2020	Mar 30, 2020	Apr 10, 2020	0.1800
2020	Nov 27, 2019	Dec 27, 2019	Dec 30, 2019	Jan 10, 2020	0.1800
2020 Total:					0.7200