Timberland Bancorp, Inc. (NASDAQ:TSBK) declared a quarterly dividend on Tuesday, July 28th, Zacks reports. Stockholders 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 dividend yield of 4.69%. The ex-dividend date of this dividend is Thursday, August 13th.
Timberland Bancorp has increased its dividend by an average of 76.5% annually over the last three years and has increased its dividend annually for the last 4 consecutive years.
NASDAQ TSBK traded down $0.25 on Thursday, hitting $17.05. 113 shares of the company traded hands, compared to its average volume of 11,741. The company has a market capitalization of $141.52 million, a price-to-earnings ratio of 5.93 and a beta of 1.35. The company has a current ratio of 1.04, a quick ratio of 1.03 and a debt-to-equity ratio of 0.07. The business’s 50 day moving average price is $17.38 and its 200-day moving average price is $20.32. Timberland Bancorp has a 52-week low of $13.60 and a 52-week high of $31.00.
In related news, EVP Edward Colman Foster sold 2,700 shares of Timberland Bancorp stock in a transaction on Friday, June 12th. The stock was sold at an average price of $17.38, for a total transaction of $46,926.00. Following the transaction, the executive vice president now directly owns 1,205 shares in the company, valued at $20,942.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 7.10% of the stock is currently owned by insiders.
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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