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Territorial Bancorp (TBNK) Declares $0.20 Special Dividend; 0.6% Yield

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Territorial Bancorp Inc. Declares Special Dividend

November 30, 2016 4:30 PM EST

HONOLULU, Nov. 30, 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 has declared a special cash dividend of $0.20 per share payable on December 21, 2016 to shareholders of record as of December 10, 2016.  Last year a special dividend of $0.10 per share was paid in December 2015.

Allan Kitagawa, Chairman and Chief Executive Officer said, The Company continues to perform well in 2016.  To thank our shareholders for their support and confidence in the Company, we... More