Territorial Bancorp (TBNK) Declares $0.50 Special Dividend; 1.6% Yield

Go back to Territorial Bancorp (TBNK) Declares $0.50 Special Dividend; 1.6% Yield

Territorial Bancorp Inc. Declares Special Dividend

November 20, 2019 4:30 PM EST

HONOLULU, Nov. 20, 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 has declared a special cash dividend of $0.50 per share payable on December 18, 2019 to shareholders of record as of December 4, 2019. 

Allan Kitagawa, Chairman and Chief Executive Officer, said, We are pleased to announce a special dividend of $0.50 per share. As you know, we have had some one-time gains this year that put us ahead of the earnings we had for the first 3 quarters of 2018. We... More