Towne Bank ( TOWN ) will begin trading ex-dividend on June 28, 2017. A cash dividend payment of $0.14 per share is scheduled to be paid on July 12, 2017. Shareholders who purchased TOWN prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 7.69% increase over prior dividend payment. At the current stock price of $29.5, the dividend yield is 1.9%.
The previous trading day's last sale of TOWN was $29.5, representing a -14.62% decrease from the 52 week high of $34.55 and a 46.77% increase over the 52 week low of $20.10.
TOWN's current earnings per share, an indicator of a company's profitability, is $1.17. Zacks Investment Research reports TOWN's forecasted earnings growth in 2017 as 12.77%, compared to an industry average of 11.5%.