Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

TowneBank raises quarterly dividend by 3.7% and donates $25M to its foundation after $250M sale.

Company Fundamentals
20 May 2026
Not Specified
View Source
Neutral
pluang ai news

TowneBank announced a 3.7% increase in its quarterly cash dividend to $0.28 per share, payable July 10, 2026, to shareholders of record on June 26, 2026. This follows the recent $250 million sale of its Resort Property Management business and a special dividend payment of $0.70 per share. Additionally, the bank's Board approved a $25 million donation to the TowneBank Foundation to support charitable causes in its communities. TowneBank operates over 70 offices across Virginia, North Carolina, and South Carolina, focusing on local banking and community growth.

More News

BC launches Outdoor Sector Coalition to boost economy, health, and conservation of its outdoors.

BC launches Outdoor Sector Coalition to boost economy, health, and conservation of its outdoors.

A coalition of over 2,000 organizations in British Columbia has formed to support the province's outdoor sector, which is a $17 billion industry employing 80,000 people. The coalition aims to enhance health benefits, support outdoor businesses, and p...

Market News
Neutral
12 minutes ago
Nvidia's Q1 2027 earnings face high expectations amid strong past beats but mixed stock reactions.

Nvidia's Q1 2027 earnings face high expectations amid strong past beats but mixed stock reactions.

Nvidia is set to report its Q1 2027 earnings with Wall Street expecting $78.8 billion in revenue and $1.77 EPS, marking record growth. Historically, Nvidia has consistently beaten revenue and EPS estimates, but recent earnings have shown that the sto...

Company Fundamentals
Neutral
31 minutes ago
Capgemini approves €3.40 dividend and renews board terms at May 2026 shareholders meeting

Capgemini approves €3.40 dividend and renews board terms at May 2026 shareholders meeting

At its May 20, 2026 shareholders meeting, Capgemini SE approved a dividend of €3.40 per share for the 2025 fiscal year, payable from June 4, 2026. The meeting also renewed the terms of key board members including Paul Hermelin and Maria Ferraro, and ...

Company Fundamentals
Bullish
1 hour ago
ESR1-mutated metastatic breast cancer market to grow 9.6% CAGR with new oral SERDs and targeted therapies.

ESR1-mutated metastatic breast cancer market to grow 9.6% CAGR with new oral SERDs and targeted therapies.

The ESR1-mutated metastatic breast cancer market is projected to grow rapidly at a 9.6% CAGR from 2026 to 2036, driven by rising cases of endocrine-resistant HR-positive/HER2-negative breast cancer and advances in precision oncology. Novel therapies ...

Market News
Bullish
1 hour ago
Capgemini shareholders approve €3.40 dividend and board renewals at May 2026 AGM

Capgemini shareholders approve €3.40 dividend and board renewals at May 2026 AGM

At its May 20, 2026 Annual General Meeting, Capgemini SE shareholders approved a dividend of €3.40 per share for 2025, payable from June 4, 2026. The meeting also renewed key board members' mandates, including Paul Hermelin and Maria Ferraro, and app...

Company Fundamentals
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App