Timberland Bancorp, Inc. (TSBK) to Issue Quarterly Dividend of $0.24 on May 24th

Timberland Bancorp, Inc. (NASDAQ:TSBK) declared a quarterly dividend on Tuesday, April 23rd, Zacks reports. Investors of record on Friday, May 10th will be given a dividend of 0.24 per share by the savings and loans company on Friday, May 24th. This represents a $0.96 annualized dividend and a dividend yield of 3.65%. The ex-dividend date is Thursday, May 9th.

Timberland Bancorp has increased its dividend payment by an average of 4.8% annually over the last three years and has increased its dividend annually for the last 12 consecutive years.

Timberland Bancorp Price Performance

TSBK traded up $1.45 during midday trading on Thursday, hitting $26.32. The stock had a trading volume of 9,951 shares, compared to its average volume of 9,151. The company has a market cap of $213.72 million, a P/E ratio of 8.63 and a beta of 0.79. The business has a fifty day moving average of $26.03 and a 200 day moving average of $28.09. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.93 and a current ratio of 0.93. Timberland Bancorp has a 1 year low of $22.11 and a 1 year high of $32.20.

Timberland Bancorp (NASDAQ:TSBK) last issued its earnings results on Monday, January 22nd. The savings and loans company reported $0.77 earnings per share (EPS) for the quarter. The firm had revenue of $18.80 million for the quarter. Timberland Bancorp had a net margin of 25.38% and a return on equity of 10.70%.

Analysts Set New Price Targets

Separately, TheStreet lowered Timberland Bancorp from a “b” rating to a “c+” rating in a research report on Monday, March 18th.

Timberland Bancorp Company Profile

Timberland Bancorp, Inc operates as the bank holding company for Timberland Bank that provides various community banking services in Washington. It offers various deposit products, including money market deposit, checking, and regular savings accounts, as well as certificates of deposit. The company also provides one-to four-family residential, multi-family, and commercial real estate loans; and construction lending products, such as custom and owner/builder, speculative one- to four-family, commercial, multi-family, land development, and land development.