TowneBank (NASDAQ:TOWN) recently declared a dividend of $0.25. This announcement was made by the company and is a positive development for shareholders. Dividends are a portion of a company’s profits distributed to its shareholders, providing them with a return on their investment. Shareholders of TowneBank can look forward to receiving this dividend in the near future. It is important for investors to stay informed about dividend declarations, as they can impact the overall performance of their investment portfolio.