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Calvin B. Taylor Bankshares, Inc. (OTCQX: TYCB), Parent Company of Calvin B. Taylor Bank, Announces Quarterly Cash Dividend of $0.29 Per Share

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Rhea-AI Summary

Calvin B. Taylor Bankshares (OTCQX: TYCB) has declared a quarterly cash dividend of $0.29 per share, payable on January 15, 2022, to shareholders of record as of December 31, 2021. The bank, founded in 1890, operates 12 locations across the eastern Delmarva Peninsula, providing a variety of banking services. This dividend reflects the company's commitment to returning value to its shareholders while maintaining a strong local presence.

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Positive

  • Quarterly cash dividend of $0.29 per share indicating a return to shareholders.
  • Strong commitment to shareholder value.

Negative

  • None.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Berlin, Maryland, Dec. 09, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Calvin B. Taylor Bankshares, Inc. (OTCQX: TYCB), parent company of Calvin B. Taylor Bank, announced today that the Board of Directors has declared a regular quarterly cash dividend of $0.29 per share.  This dividend is payable on January 15, 2022 to stockholders of record as of December 31, 2021. 

About Calvin B. Taylor Bank
Calvin B. Taylor Bank, the bank subsidiary of Calvin B. Taylor Bankshares, Inc. (OTCQX: TYCB), founded in 1890, offers a wide range of loan, deposit, and ancillary banking services through both physical and digital delivery channels.  Calvin B. Taylor Bank has 12 banking locations within the eastern coastal area of the Delmarva Peninsula including Worcester County, Maryland, Sussex County, Delaware and Accomack County, Virginia.  

Contact
M. Dean Lewis, Senior Vice President and Chief Financial Officer
410-641-1700, taylorbank.com


FAQ

What is the amount of the quarterly dividend for TYCB?

The quarterly dividend for TYCB is $0.29 per share.

When is the dividend for TYCB payable?

The dividend for TYCB is payable on January 15, 2022.

What is the record date for the TYCB dividend?

The record date for the TYCB dividend is December 31, 2021.

How many locations does Calvin B. Taylor Bank operate?

Calvin B. Taylor Bank operates 12 locations in the eastern Delmarva Peninsula.

What services does Calvin B. Taylor Bank offer?

Calvin B. Taylor Bank offers a wide range of loan, deposit, and ancillary banking services.