Territorial Bancorp (TBNK) Declares $0.20 Quarterly Dividend; 2.6% Yield

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Territorial Bancorp Inc. Declares Dividend

July 27, 2017 4:40 PM EDT

HONOLULU, July 27, 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 approved a quarterly cash dividend of $0.20 per share.  The dividend is expected to be paid on August 24, 2017 to stockholders of record as of August 10, 2017.

Allan Kitagawa, Chairman and Chief Executive Officer, said, We had a solid second quarter.  Our earnings and earnings per share continue to increase.  We have been successful in originating new mortgage loans and increasing the size our of loan portfolio while... More