Territorial Bancorp (TBNK) Declares $0.23 Quarterly Dividend; 3.7% Yield
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Territorial Bancorp Inc. Declares Dividend
January 27, 2022 4:40 PM ESTHONOLULU, Jan. 27, 2022 (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 24, 2022 to stockholders of record as of February 10, 2022.
Allan Kitagawa, Chairman and Chief Executive Officer, said, The fourth quarter of 2021 was very challenging. We have performed well despite relatively low interest rates for new loans, which has decreased asset yields. Hawaiis economy continues... More
