Territorial Bancorp Inc. Announces Quarterly Dividend of $0.14 (TBNK)
Territorial Bancorp (NASDAQ:TBNK) announced a quarterly dividend on Thursday, January 30th, Stock Ratings Network reports. Investors of record on Thursday, February 13th will be paid a dividend of 0.14 per share on Thursday, February 27th. This represents a $0.56 annualized dividend and a dividend yield of 2.51%.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Territorial Bancorp from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, January 6th. They now have a $26.10 price target on the stock.
Shares of Territorial Bancorp (NASDAQ:TBNK) traded up 0.54% on Thursday, hitting $22.44. 18,530 shares of the company’s stock traded hands. Territorial Bancorp has a 52-week low of $21.05 and a 52-week high of $24.38. The stock’s 50-day moving average is $22.95 and its 200-day moving average is $22.63. The company has a market cap of $211.7 million and a P/E ratio of 14.98.
Territorial Bancorp Inc owns 100% of Territorial Savings Bank (NASDAQ:TBNK).
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