Territorial Bancorp (TBNK) Declares $0.18 Quarterly Dividend; 2.8% Yield
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Territorial Bancorp Inc. Declares Dividend
April 28, 2016 4:40 PM EDTHONOLULU, April 28, 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 May 26, 2016 to stockholders of record as of May 12, 2016.
Allan Kitagawa, Chairman and Chief Executive Officer, said, The growth in our loan portfolio has resulted in a 7.1% increase in total interest and dividend income for the three months ended March 31, 2016 as compared to the three months ended March 31, 2015. The... More
