Timberland Bancorp, Inc. (NASDAQ:TSBK) announced a quarterly dividend on Thursday, November 1st, NASDAQ reports. Investors of record on Friday, November 16th will be paid a dividend of 0.13 per share by the savings and loans company on Friday, November 30th. This represents a $0.52 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date is Thursday, November 15th.
Timberland Bancorp has increased its dividend by an average of 34.7% annually over the last three years and has increased its dividend every year for the last 2 years.
Shares of TSBK opened at $29.11 on Friday. Timberland Bancorp has a 52-week low of $25.50 and a 52-week high of $39.45. The firm has a market capitalization of $217.07 million, a P/E ratio of 13.16 and a beta of 0.35.
A number of analysts have weighed in on TSBK shares. BidaskClub cut Timberland Bancorp from a “buy” rating to a “hold” rating in a research report on Monday, July 16th. ValuEngine cut Timberland Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, August 29th.
About Timberland Bancorp
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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