ACCESSWIRE
21 Sep 2022, 00:25 GMT+10
BERLIN, MD / ACCESSWIRE / September 20, 2022 / Calvin B. Taylor Bankshares, Inc. (OTCQX:TYCB), parent company of Calvin B. Taylor Bank, announced today that the Board of Directors declared a regular quarterly cash dividend of $0.33 per share which is an increase of $0.03 per share, or 10%, compared to the prior quarter. This dividend is payable on October 14, 2022 to stockholders of record as of the close of business on September 30, 2022. Raymond M. Thompson, President and Chief Executive Officer remarked, 'Despite current economic uncertainty and financial market volatility, the company is experiencing strong financial performance in 2022. The dividend increase this quarter evidences the Board of Directors commitment to enhance stockholder return by providing a consistent and growing dividend.'
###
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
SOURCE: Calvin B. Taylor Bankshares, Inc.
Get a daily dose of Orange County Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Orange County Sun.
More InformationIsrael intensified its deadly bombardment of the Gaza Strip Saturday as renewed fighting with Hamas entered a second day following ...
Israel resumed its military operation in the Gaza Strip on Friday with heavy bombardments. As strikes continue, the United States ...
(Photo credit: Megan Smith-USA TODAY) A day after the NCAA unveiled a proposal to allow some schools to directly compensate ...
(Photo credit: Robert Deutsch-USA TODAY Sports) Former World No. 1 Caroline Wozniacki received one of the first wild cards for ...
(Photo credit: Alicia Devine/Tallahassee Democrat / USA TODAY NETWORK) Florida State wide receiver Johnny Wilson declared for the 2024 NFL ...
(Photo credit: Michael McLoone-USA TODAY Sports) Catcher Victor Caratini agreed to a two-year, $12 million contract with the Houston Astros, ...
BOLOGNA, Italy: Due to fears of a collapse, local officials have secured the area around one of two 12th century ...
MUNICH, Germany: The heavy snow and icy conditions that hit Bavaria, Germany, canceled flights and long-distance trains out of Munich, ...
RALEIGH, North Carolina: After a decade of discussions and hesitations, North Carolina has expanded Medicaid coverage by offering government-funded health ...
The U.S. has supplied Israel with scores of BLU-109 bunker-buster bombs since October 7, the Wall Street Journal has reported, ...
WASHINGTON D.C.: This week, the Biden administration announced a proposal by the Environmental Protection Agency (EPA) that would require U.S. ...
TOKYO, Japan: Japan's space agency recently fell victim to a cyberattack, but reassuringly, the compromised information did not pertain to ...