Territorial Bancorp (TBNK) Declares $0.23 Quarterly Dividend; 4% Yield

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Territorial Bancorp Inc. Declares Dividend

April 28, 2022 4:40 PM EDT

HONOLULU, April 28, 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 May 26, 2022 to stockholders of record as of May 12, 2022.

Allan Kitagawa, Chairman and Chief Executive Officer, said, The first quarter of 2022 was challenging. We have been able to increase our net interest income despite these challenges. As Hawaiis economy improves, our strong... More