Territorial Bancorp (TBNK) Declares $0.16 Quarterly Dividend; 2.8% Yield
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Territorial Bancorp Inc. Declares Dividend
April 30, 2015 4:40 PM EDTHONOLULU, April 30, 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 quarterly cash dividend on its common stock of $0.16 per share. The dividend is expected to be paid on May 28, 2015 to stockholders of record as of May 14, 2015.
Allan Kitagawa, Chairman and Chief Executive Officer, said, "The Company continues to perform well. Our loan portfolio grew by 7.5% during the first quarter while net interest income rose by 4.7%. We continue to focus on... More
Territorial Bancorp Inc. Announces First Quarter 2015 Results
April 30, 2015 4:30 PM EDTEarnings per share for the three months ended March 31, 2015 rose to $0.38 per share compared to $0.37 per share for the three months ended March 31, 2014. Net interest income for the three months ended March 31, 2015 was $13.77 million, compared to $13.16 million for the three months ended March 31, 2014, an increase of 4.7%. Loans receivable and loans held for sale grew by $72.57 million or 7.5% as compared to December 31, 2014. Deposits grew by $21.78 million or 1.6% as compared to December 31, 2014. Board of Directors approved a quarterly cash dividend of $0.16 per share. This is Territorial Bancorp Inc.'s 21st consecutive quarterly dividend. Through March... More
Territorial Bancorp Inc. Announces First Quarter 2015 Results
April 30, 2015 4:30 PM EDTEarnings per share for the three months ended March 31, 2015 rose to $0.38 per share compared to $0.37 per share for the three months ended March 31, 2014. Net interest income for the three months ended March 31, 2015 was $13.77 million, compared to $13.16 million for the three months ended March 31, 2014, an increase of 4.7%. Loans receivable and loans held for sale grew by $72.57 million or 7.5% as compared to December 31, 2014. Deposits grew by $21.78 million or 1.6% as compared to December 31, 2014. Board of Directors approved a quarterly cash dividend of $0.16 per share. This is Territorial Bancorp Inc.'s 21st consecutive quarterly dividend. Through March... More
