Territorial Bancorp (TBNK) Declares $0.23 Quarterly Dividend; 4.2% Yield

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Territorial Bancorp Inc. Declares Dividend

July 28, 2022 4:40 PM EDT

HONOLULU, July 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 August 25, 2022 to stockholders of record as of August 11, 2022.

Allan Kitagawa, Chairman and Chief Executive Officer, said, In the second quarter of 2022, we were able to increase our net interest income by 7.54% and our fully-diluted earnings per share by 4.55%. Our strong capital and asset... More