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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

On March 11, 2021, Calvin B. Taylor Bankshares, Inc. (OTCQX: TYCB) announced a quarterly cash dividend of $0.29 per share. The dividend will be paid on April 15, 2021, to stockholders of record as of March 31, 2021. Established in 1890, the bank operates 12 locations across the eastern coastal areas of the Delmarva Peninsula, providing a wide range of banking services through both physical and digital channels.

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Positive

  • Declaration of a quarterly cash dividend of $0.29 per share enhances shareholder income.
  • Company demonstrates financial stability and commitment to returning value to shareholders.

Negative

  • None.

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Berlin, Maryland, March 11, 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 April 15, 2021 to stockholders of record as of March 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, Vice President and Chief Financial Officer
410-641-1700, taylorbank.com


FAQ

What is the dividend amount for Calvin B. Taylor Bankshares (TYCB)?

The declared dividend amount is $0.29 per share.

When is the dividend payment date for TYCB shareholders?

The dividend is payable on April 15, 2021.

What is the record date for the dividend payment for TYCB?

Shareholders of record will be noted as of March 31, 2021.

How often does Calvin B. Taylor Bankshares pay dividends?

Calvin B. Taylor Bankshares typically pays quarterly dividends.

What services does Calvin B. Taylor Bank provide?

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