Territorial Bancorp (TBNK) Declares $0.23 Quarterly Dividend; 4.3% Yield
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Territorial Bancorp Inc. Declares Dividend
October 29, 2020 4:40 PM EDTHONOLULU, Oct. 29, 2020 (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 $0.23 per share. The dividend is expected to be paid on November 25, 2020 to stockholders of record as of November 12, 2020.
Allan Kitagawa, Chairman and Chief Executive Officer, said, The recession and the decrease in mortgage interest rates that occurred because of COVID-19 have created challenges in the banking industry. The Company continued to perform well in... More
