Towne Bank Stock Dividends
Towne Bank Stock Dividends Overview
TOWN pays dividends quarterly. Last paid amount was $0.250 at Apr 12, 2024. As of today, dividend yield (TTM) is 3.96%.
Dividend Yield Range
AI Analysis of TOWN
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 3.96% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.250 |
| Next Ex-Dividend Date | Jun 28, 2024 |
| Next Payment Date | Jul 12, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from TOWN the purchase should be done within the next 9 days.
Here's a simple guide on how to buy TOWN stock.
TOWN Dividend Payout History
To ensure a understanding of TOWN's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 28, 2024 | Jun 28, 2024 | Jul 12, 2024 | $0.250 | 0.95% |
| 2 | Feb 28, 2024 | Mar 27, 2024 | Apr 12, 2024 | $0.250 | 0.95% |
| 3 | Nov 29, 2023 | Dec 28, 2023 | Jan 12, 2024 | $0.250 | 0.87% |
| 4 | Aug 23, 2023 | Sep 28, 2023 | Oct 13, 2023 | $0.250 | 1.11% |
| 5 | May 23, 2023 | Jun 29, 2023 | Jul 14, 2023 | $0.250 | 1.03% |
| 6 | Feb 22, 2023 | Mar 29, 2023 | Apr 12, 2023 | $0.230 | 0.90% |
| 7 | Nov 23, 2022 | Dec 29, 2022 | Jan 12, 2023 | $0.230 | 0.733% |
| 8 | Aug 24, 2022 | Sep 29, 2022 | Oct 14, 2022 | $0.230 | 0.789% |
| 9 | May 25, 2022 | Jun 29, 2022 | Jul 12, 2022 | $0.230 | 0.83% |
| 10 | Feb 23, 2022 | Mar 29, 2022 | Apr 08, 2022 | $0.200 | 0.690% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
TOWN Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from TOWN dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in TOWN stock here.
Comparing TOWN to Sector and Country
TOWN pays a solid dividend yield of 3.96%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.95%). TOWN’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (10.86%), which means that there are more attractive dividend stocks to consider.
TOWN Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Sandy Spring Bancorp | 1.004B | $0.340 | 5.94% | 66.57% | |
| GCM Grosvenor Inc. | 1.815B | $0.110 | 5.06% | 126.97% | |
| First Financial Bancorp. | 1.995B | $0.230 | 4.28% | 36.81% | |
| Towne Bank | 1.897B | $0.250 | 3.96% | 48.88% | |
| Washington Federal | 2.144B | $0.260 | 3.65% | 42.43% | |
| BancFirst Corporation | 2.735B | $0.430 | 1.92% | 26.63% | |
| WSFS Financial Corporation | 2.597B | $0.150 | 1.44% | 13.41% | |
| LendingTree | 560.19M | $1.00 | 0% | - | |
| UP Fintech Holding Limited | 748.405M | $0.130 | 0% | - |
