TOWN Dividend Calculator
Calculate how much dividend income TowneBank (TOWN) could generate with reinvestment. Pre-loaded with TOWN's current 4.83% yield and 6.3% dividend growth rate.
Dividend Yield: 4.83%
Annual Dividend: $1.79 per share
Share Price: $37.08
Payout Ratio: 48.6%
TOWN DRIP Calculator
Model TOWN dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.
5-Year Dividend Growth Rate (CAGR): 6.3% per year
What If You Invested $1,000 in TOWN 10 Years Ago?
A $1,000 investment in TOWN on 2016-09-30 would be worth $2,144.46 today with dividends reinvested (DRIP), a total return of 114.4%.
Without reinvesting, the total portfolio value (shares plus cash dividends) would be $1,944.57 (94.5% return). Reinvesting dividends added $199.89 in extra value.
Starting share price: $24.03 — Current share price: $37.08
Frequently Asked Questions
- What is TOWN's current dividend yield?
- TOWN (TowneBank) currently has a dividend yield of 4.83%. This means for every $10,000 invested, you would receive approximately $483 per year in dividend income before taxes.
- How much TOWN do I need to make $1,000 per month in dividends?
- To earn $1,000 per month ($12,000/year) from TOWN at its current yield of 4.83%, you would need approximately $248,447 invested. With dividend reinvestment and growth, you may need less over time.
- Does TOWN pay monthly dividends?
- No, TOWN pays dividends quarterly (4 times per year). You can build monthly income by combining it with other stocks that pay in different months.
- Is TOWN's dividend safe?
- TOWN's payout ratio is 48.6%, which is generally considered safe. The company retains enough earnings to sustain and potentially grow its dividend.
- What is TOWN's dividend growth rate?
- TOWN's 5-year dividend compound annual growth rate (CAGR) is approximately 6.3% per year. This growth rate is pre-loaded into the calculator above to give you a realistic projection.
- What would $1,000 invested in TOWN 10 years ago be worth today?
- A $1,000 investment in TOWN on 2016-09-30 would be worth approximately $2,144.46 today with dividends reinvested (DRIP), a 114.4% total return. Without reinvesting, the total portfolio value (shares plus accumulated cash dividends) would be $1,944.57 — meaning DRIP added $199.89 in extra value.
See full dividend history and analysis on the TOWN dividend page.