Timberland Bancorp, Inc. (NASDAQ:TSBK) announced a quarterly dividend on Tuesday, July 28th, Zacks reports. Shareholders of record on Friday, August 14th will be given a dividend of 0.20 per share by the savings and loans company on Friday, August 28th. This represents a $0.80 dividend on an annualized basis and a yield of 4.70%. The ex-dividend date is Thursday, August 13th.
Timberland Bancorp has raised its dividend payment by an average of 76.5% annually over the last three years and has increased its dividend every year for the last 4 years.
Shares of Timberland Bancorp stock traded down $0.27 during trading on Thursday, reaching $17.03. 1,165 shares of the company were exchanged, compared to its average volume of 11,741. The business has a 50-day moving average price of $17.38 and a 200-day moving average price of $20.32. The firm has a market capitalization of $141.52 million, a price-to-earnings ratio of 6.03 and a beta of 1.35. The company has a quick ratio of 1.03, a current ratio of 1.04 and a debt-to-equity ratio of 0.07. Timberland Bancorp has a twelve month low of $13.60 and a twelve month high of $31.00.
Timberland Bancorp (NASDAQ:TSBK) last issued its earnings results on Tuesday, April 28th. The savings and loans company reported $0.60 earnings per share (EPS) for the quarter. The firm had revenue of $16.56 million for the quarter. Timberland Bancorp had a return on equity of 13.86% and a net margin of 33.47%.
In related news, EVP Edward Colman Foster sold 2,700 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $17.38, for a total transaction of $46,926.00. Following the completion of the transaction, the executive vice president now owns 1,205 shares in the company, valued at $20,942.90. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 7.10% of the company’s stock.
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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