Timberland Bancorp, Inc. (NASDAQ:TSBK) Raises Dividend to $0.31 Per Share

Timberland Bancorp, Inc. (NASDAQ:TSBK) declared a quarterly dividend on Thursday, October 29th. Stockholders of record on Thursday, November 12th will be paid a dividend of $0.31 per share by the savings and loans company on Friday, November 27th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Thursday, November 12th. This is a 3.3% increase from Timberland Bancorp’s previous quarterly dividend of $0.30.

Timberland Bancorp Stock Performance

NASDAQ TSBK opened at $48.06 on Tuesday. The stock has a market capitalization of $373.91 million, a PE ratio of 12.14 and a beta of 0.34. The business has a 50 day simple moving average of $46.07 and a two-hundred day simple moving average of $42.62. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.00 and a quick ratio of 1.00. Timberland Bancorp has a 1-year low of $32.34 and a 1-year high of $49.38.

Timberland Bancorp (NASDAQ:TSBK) last released its quarterly earnings data on Thursday, October 29th. The savings and loans company reported $1.04 earnings per share (EPS) for the quarter. Timberland Bancorp had a return on equity of 11.51% and a net margin of 26.18%. The business had revenue of $22.78 million for the quarter.

Timberland Bancorp Company Profile

Timberland Bancorp, Inc is the holding company for Timberland Bank, a community banking institution headquartered in Hoquiam, Washington. The bank serves individuals, families, businesses and public-sector organizations in communities across western Washington.

Timberland Bank offers deposit products, including checking, savings, money market and certificate accounts, along with consumer and commercial lending. Its loan portfolio includes residential real estate, commercial real estate, construction and land development, agricultural, small-business and consumer loans.