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Territorial Bancorp (TBNK) Declares $0.18 Quarterly Dividend; 2.5% Yield

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Territorial Bancorp Inc. Declares Dividend

October 27, 2016 4:40 PM EDT

HONOLULU, Oct. 27, 2016 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the Company), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors approved a quarterly cash dividend of $0.18 per share.  The dividend is expected to be paid on November 25, 2016 to stockholders of record as of November 10, 2016.

Allan Kitagawa, Chairman and Chief Executive Officer, said, We are very pleased with our operating results for the third quarter of 2016.  The growth in the visitor industry has strengthened Hawaiis economy and has allowed us to grow... More