ACCESS Newswire
20 Sep 2022, 19:55 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 Pittsburgh Star 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 Pittsburgh Star.
More InformationFRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
(Photo credit: Rick Scuteri-Imagn Images) The Kansas City Royals are nearing the point in the season where they need to make a sustained...
(Photo credit: Sergio Estrada-Imagn Images) The torrid Houston Astros completed a three-game road sweep of the reigning World Series...
(Photo credit: Rhona Wise-Imagn Images) The Cincinnati Reds return home one last time before the All-Star break and will take on...
(Photo credit: Matt Marton-Imagn Images) Matthew Boyd celebrated his All-Star Game selection by striking out nine batters in five...
(Photo credit: Eric Hartline-Imagn Images) Zack Wheeler threw a dazzling one-hitter with 12 strikeouts as the Philadelphia Phillies...
ROME, Italy: Quick thinking by emergency responders helped prevent greater devastation after a gas station explosion in southeastern...
WASHINGTON, D.C.: President Donald Trump is drawing praise from his core supporters after halting key arms shipments to Ukraine, a...
MOSCOW, Russia: This week, Russia became the first country to officially recognize the Taliban as the government of Afghanistan since...
CAIRO, Egypt: This week, both Hamas and Israel shared their views ahead of expected peace talks about a new U.S.-backed ceasefire plan....
WASHINGTON, D.C.: The Trump administration has made public a visa decision that would usually be kept private. It did this to send...
MADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...