FreeTheAI

Calvin B. Taylor Bankshares Raises Quarterly Dividend to $0.42 Per Share

BullishLow impact
TYCB$60.00 3.90%

Calvin B. Taylor Bankshares, Inc. (OTC:TYCB) announced that its board of directors has declared a regular quarterly cash dividend of $0.42 per share for the third quarter of 2026. Shareholders on record as of the close of business on October 26, 2026, will receive payment on November 5, 2026. The company's stock rose 3.90% to 60 USD following the update.

The higher dividend reflects a 9.0% increase in year-to-date cash distributions compared to the same period in 2025. Chief Executive Officer and President M. Dean Lewis credited solid operational performance and capital allocation discipline, which includes ongoing dividend expansion and stock buybacks, for the raise.

Looking ahead, investors will monitor whether the financial institution maintains its historical trend of growing cash payouts while continuing its repurchase program. Established in 1890, the bank operates twelve full-service offices and two loan production centers across Maryland, Virginia, and Delaware.

Key points

  • Calvin B. Taylor Bankshares declared a Q3 2026 cash dividend of $0.42 per share.
  • The dividend is payable on November 5, 2026, to shareholders of record on October 26, 2026.
  • Year-to-date dividend payouts increased by 9.0% in 2026 compared to the prior year period.
  • Company stock rose 3.90% to 60 USD following the dividend announcement.

Written by our AI from expert market sources across the web. It can contain mistakes: check the facts before acting on them. Write-ups powered by the free AI API at FreeTheAI.org

How we writeDisclaimer

Questions and answers

What is the new dividend amount for Calvin B. Taylor Bankshares?

Calvin B. Taylor Bankshares declared a third-quarter 2026 cash dividend of $0.42 per share.

When will the Calvin B. Taylor Bankshares dividend be paid?

The dividend will be paid on November 5, 2026, to stockholders of record at the close of business on October 26, 2026.

How much did Calvin B. Taylor Bankshares increase its year-to-date dividends?

Year-to-date dividend payouts in 2026 increased by 9.0% compared to the same period in 2025.