Territorial Bancorp (TBNK) Declares $0.22 Quarterly Dividend; 3.1% Yield

Go back to Territorial Bancorp (TBNK) Declares $0.22 Quarterly Dividend; 3.1% Yield

Territorial Bancorp Inc. Declares Dividend

April 25, 2019 4:40 PM EDT

HONOLULU, April 25, 2019 (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 $0.22 per share.  The dividend is expected to be paid on May 23, 2019 to stockholders of record as of May 9, 2019.

Allan Kitagawa, Chairman and Chief Executive Officer, said, The Company has had another successful quarter.  Despite the increase in interest rates that has occurred over the past year, we have been able to increase the size of our loan portfolio and our interest income. ... More