Territorial Bancorp (TBNK) Declares $0.10 Special Dividend; 0.3% Yield

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Territorial Bancorp Inc. Declares Special Dividend

June 28, 2017 4:30 PM EDT

HONOLULU, June 28, 2017 (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 mid-year cash dividend of $0.10 per share payable on July 26, 2017 to shareholders of record as of July 12, 2017.  

Allan Kitagawa, Chairman and Chief Executive Officer, said, Our strong capital position gives us the opportunity to pay a special mid-year cash dividend.  Including this special dividend, we are pleased that we will have paid out $0.50 in dividends for the first half of 2017.  We... More