TowneBank

The dividend has not been reduced for 18 consecutive years.The forecast annual dividend is $1.80 per share or unit, with a forecast yield of 4.84%.Dividend on equity (DOE) is 4.71%, +1.35 points year over year.

Dividend on equity (DOE) is the annual dividend as a percentage of shareholders’ equity. Because it is less affected by temporary earnings swings, it helps assess the continuity of a company’s shareholder return policy.