Timberland Bancorp, Inc. (TSBK) Announces $0.11 Quarterly Dividend
Timberland Bancorp, Inc. (NASDAQ:TSBK) announced a quarterly dividend on Wednesday, November 1st, NASDAQ reports. Shareholders of record on Thursday, November 16th will be given a dividend of 0.11 per share by the savings and loans company on Thursday, November 30th. This represents a $0.44 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend is Wednesday, November 15th.
Timberland Bancorp (NASDAQ:TSBK) last posted its quarterly earnings data on Wednesday, November 1st. The savings and loans company reported $0.48 earnings per share for the quarter. The business had revenue of $12.27 million during the quarter. Timberland Bancorp had a net margin of 26.56% and a return on equity of 12.93%.
Several large investors have recently bought and sold shares of TSBK. State Street Corp acquired a new position in shares of Timberland Bancorp in the second quarter valued at approximately $1,650,000. California State Teachers Retirement System acquired a new position in Timberland Bancorp during the second quarter worth approximately $278,000. Finally, The Manufacturers Life Insurance Company increased its position in Timberland Bancorp by 11,863.3% during the second quarter. The Manufacturers Life Insurance Company now owns 7,178 shares of the savings and loans company’s stock worth $182,000 after purchasing an additional 7,118 shares during the last quarter. 55.19% of the stock is owned by institutional investors and hedge funds.
About Timberland Bancorp
Timberland Bancorp, Inc is the holding company for Timberland Savings Bank, SSB (the Bank). The Bank is a community-oriented bank, which offers a range of savings products to its retail customers while concentrating its lending activities on real estate mortgage loans and commercial business loans. The Bank offers personal banking solutions, business solutions, lending solutions and additional services.
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