Timberland Bancorp, Inc. (TSBK) to Issue Quarterly Dividend of $0.15
Timberland Bancorp, Inc. (NASDAQ:TSBK) announced a quarterly dividend on Wednesday, January 23rd, Wall Street Journal reports. Stockholders of record on Thursday, February 14th will be paid a dividend of 0.15 per share by the savings and loans company on Thursday, February 28th. This represents a $0.60 annualized dividend and a dividend yield of 2.20%. The ex-dividend date of this dividend is Wednesday, February 13th. This is a boost from Timberland Bancorp’s previous quarterly dividend of $0.13.
Timberland Bancorp has increased its dividend payment by an average of 26.0% per year over the last three years and has raised its dividend every year for the last 3 years.
Shares of TSBK stock traded up $0.46 on Wednesday, hitting $27.32. The stock had a trading volume of 11,996 shares, compared to its average volume of 12,586. The company has a market cap of $217.91 million, a P/E ratio of 11.76 and a beta of 0.67. Timberland Bancorp has a 12-month low of $21.91 and a 12-month high of $39.45.
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Timberland Bancorp Company Profile
Timberland Bancorp, Inc operates as the bank holding company for Timberland Bank that provides various banking services in Washington. It offers various deposit products, including money market deposit accounts, checking accounts, regular savings accounts, and certificates of deposit. The company also provides one-to four-family residential, multi-family, commercial real estate, construction, custom and owner/builder construction, speculative one- to four-family construction, commercial construction, multi-family construction, land development construction, and land loans.
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