Territorial Bancorp (TBNK) Declares $0.18 Quarterly Dividend; 2.7% Yield
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Territorial Bancorp Inc. Declares Dividend
July 29, 2016 4:40 PM EDTHONOLULU, July 29, 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 August 26, 2016 to stockholders of record as of August 12, 2016.
Allan Kitagawa, Chairman and Chief Executive Officer, said, Hawaiis strong economy has allowed us to grow our loan portfolio by 13.4% from June 30, 2015 to June 30, 2016. The solid growth in our loan portfolio has resulted in a 5.2% rise in net income for... More
