Territorial Bancorp (TBNK) Declares $0.16 Quarterly Dividend; 2.9% Yield

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Territorial Bancorp Inc. Declares Dividend

January 26, 2015 4:40 PM EST

HONOLULU, Jan. 26, 2015 (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 approved a cash dividend on its common stock of $0.16 per share. The dividend is expected to be paid on February 23, 2015 to stockholders of record as of February 9, 2015. 

Allan Kitagawa, Chairman and Chief Executive Officer, said "We have been very successful in increasing our net interest income and the size of our loan portfolio in 2014. We are working to improve our shareholder returns... More