Territorial Bnc (TBNK) Raises Quarterly Dividend 6.7% to $0.16; 2.9% Yield
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Territorial Bancorp Inc. Declares Dividend
October 30, 2014 4:40 PM EDTHONOLULU, Oct. 30, 2014 (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 has approved an increase in its quarterly cash dividend on its common stock from $0.15 to $0.16 per share. The dividend is expected to be paid on November 26, 2014 to stockholders of record as of November 13, 2014.
Allan Kitagawa, Chairman and Chief Executive Officer, said, "During the quarter, loans and deposits continued to grow. Our net interest margin has improved while credit quality remains strong. Our balance sheet and... More
