Towne Bank ( TOWN ) will begin trading ex-dividend on December 27, 2018. A cash dividend payment of $0.16 per share is scheduled to be paid on January 11, 2019. Shareholders who purchased TOWN prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that TOWN has paid the same dividend. At the current stock price of $23.21, the dividend yield is 2.76%.
The previous trading day's last sale of TOWN was $23.21, representing a -31.43% decrease from the 52 week high of $33.85 and a 0.3% increase over the 52 week low of $23.14.
TOWN's current earnings per share, an indicator of a company's profitability, is $1.57. Zacks Investment Research reports TOWN's forecasted earnings growth in 2018 as 30.77%, compared to an industry average of 32.4%.
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