Timberland Bancorp, Inc. (NASDAQ:TSBK) Increases Dividend to $0.25 Per Share

Timberland Bancorp, Inc. (NASDAQ:TSBK) announced a quarterly dividend on Thursday, October 31st,Zacks Dividends reports. Shareholders of record on Friday, November 15th will be given a dividend of 0.25 per share by the savings and loans company on Friday, November 29th. This represents a $1.00 dividend on an annualized basis and a yield of 3.03%. The ex-dividend date of this dividend is Friday, November 15th. This is an increase from Timberland Bancorp’s previous quarterly dividend of $0.24.

Timberland Bancorp has increased its dividend by an average of 4.8% per year over the last three years and has increased its dividend annually for the last 12 consecutive years.

Timberland Bancorp Stock Up 1.2 %

TSBK stock opened at $33.02 on Thursday. The company has a market cap of $263.17 million, a price-to-earnings ratio of 11.01 and a beta of 0.66. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.08. Timberland Bancorp has a 12 month low of $23.93 and a 12 month high of $33.98. The firm has a 50-day moving average of $30.21 and a two-hundred day moving average of $28.30.

Timberland Bancorp Company Profile

Timberland Bancorp, Inc operates as the bank holding company for Timberland Bank that provides various community banking services in Washington. It offers various deposit products, including money market deposit, checking, and regular savings accounts, as well as certificates of deposit. The company also provides one-to four-family residential, multi-family, and commercial real estate loans; and construction lending products, such as custom and owner/builder, speculative one- to four-family, commercial, multi-family, land development, and land development.