Territorial Bancorp (TBNK) Declares $0.20 Quarterly Dividend; 2.4% Yield

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Territorial Bancorp Inc. Declares Dividend

October 25, 2017 4:40 PM EDT

HONOLULU, Oct. 25, 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 November 22, 2017 to stockholders of record as of November 8, 2017.

Allan Kitagawa, Chairman and Chief Executive Officer, said, We continue to perform well as Hawaiis economy continues to prosper.  Deposits and our loan portfolio continue to grow and our asset quality remains excellent.

Forward-looking statements - This press... More