Territorial Bancorp (TBNK) Declares $0.23 Quarterly Dividend; 3.7% Yield

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Territorial Bancorp Inc. Declares Dividend

January 28, 2021 4:40 PM EST

HONOLULU, Jan. 28, 2021 (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 February 25, 2021 to stockholders of record as of February 11, 2021.

Allan Kitagawa, Chairman and Chief Executive Officer, said, 2020 has been a very challenging year for the residents and businesses in Hawaii. The decline in interest rates that occurred during the pandemic have decreased asset... More