TowneBank Dividends and Buybacks
Dividend criteria checks 5/6
TowneBank is a dividend paying company with a current yield of 2.77% that is well covered by earnings.
Key information
2.8%
Dividend yield
-0.0001%
Buyback Yield
| Total Shareholder Yield | 2.8% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | 3.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.000 |
| Payout ratio | 50% |
Recent dividend and buyback updates
TowneBank (NASDAQ:TOWN) Has Announced A Dividend Of $0.25
Sep 27
TowneBank's (NASDAQ:TOWN) Dividend Will Be $0.25
Aug 31TowneBank (NASDAQ:TOWN) Has Affirmed Its Dividend Of $0.25
Jun 04Recent updates
TowneBank (NASDAQ:TOWN) Has Announced A Dividend Of $0.25
Sep 27TowneBank's (NASDAQ:TOWN) Dividend Will Be $0.25
Aug 31TowneBank (NASDAQ:TOWN) Has Affirmed Its Dividend Of $0.25
Jun 04TowneBank: Manageable CRE Exposure, But The Stock Is A Bit Too Expensive
May 08The TowneBank (NASDAQ:TOWN) First-Quarter Results Are Out And Analysts Have Published New Forecasts
Apr 26TowneBank's (NASDAQ:TOWN) Shareholders Will Receive A Bigger Dividend Than Last Year
May 28TowneBank declares $0.23 dividend
Aug 24TowneBank GAAP EPS of $0.64 beats by $0.03, revenue of $166.98M
Jul 28TowneBank's (NASDAQ:TOWN) Dividend Will Be Increased To US$0.23
Jun 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TOWN's dividends per share have been stable in the past 10 years.
Growing Dividend: TOWN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| TowneBank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TOWN) | 2.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (TOWN) (up to 3 years) | 3.0% |
Notable Dividend: TOWN's dividend (2.77%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: TOWN's dividend (2.77%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.2%), TOWN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TOWN's dividends in 3 years are forecast to be well covered by earnings (35.3% payout ratio).