Territorial Bancorp (TBNK) Declares $0.23 Quarterly Dividend; 3.1% Yield

Territorial Bancorp (NASDAQ: TBNK) declared a quarterly dividend of $0.23 per share, or $0.92 annualized.

The dividend will be payable on February 27, 2020, to stockholders of record on February 13, 2020, with an ex-dividend date of February 12, 2020.

The annual yield on the dividend is 3.1 percent.

Allan Kitagawa, Chairman and Chief Executive Officer, said, “We are pleased by the Company’s performance in 2019. We were able to increase our earnings by $2.78 million or 14.49% in 2019 compared to 2018. Our strong performance allowed us to increase our cash dividends paid in 2019 by $0.35 or 30.70% per common share as compared to 2018. We would like to thank our shareholders and customers for their support in 2019.”

For a dividend history and other dividend-related data on Territorial Bancorp (TBNK) click here.

You May Also Be Interested In

• Citi agrees to acquire rewards platform Kard Financial
• Synchrony names former Citi executive as chief AI officer
• Cboe Global Markets (CBOE) Raises Quarterly Dividend 19.4% to $0.86; 1.2% Yield