Timberland Bancorp, Inc. Announces Quarterly Dividend of $0.25 (NASDAQ:TSBK)

Timberland Bancorp, Inc. (NASDAQ:TSBK) declared a quarterly dividend on Tuesday, January 28th,Wall Street Journal reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.25 per share by the savings and loans company on Friday, February 28th. This represents a $1.00 annualized dividend and a dividend yield of 3.33%. The ex-dividend date of this dividend is Friday, February 14th.

Timberland Bancorp has raised its dividend payment by an average of 4.9% annually over the last three years and has raised its dividend annually for the last 12 consecutive years.

Timberland Bancorp Price Performance

Timberland Bancorp stock opened at $30.01 on Wednesday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.08. The company has a 50-day moving average price of $31.11 and a 200 day moving average price of $30.42. Timberland Bancorp has a 12-month low of $23.93 and a 12-month high of $33.98. The stock has a market cap of $239.18 million, a P/E ratio of 10.00 and a beta of 0.68.

Timberland Bancorp (NASDAQ:TSBK) last announced its quarterly earnings results on Monday, January 27th. The savings and loans company reported $0.86 earnings per share (EPS) for the quarter. Timberland Bancorp had a net margin of 22.92% and a return on equity of 10.09%.

Insider Buying and Selling at Timberland Bancorp

In other Timberland Bancorp news, COO Jonathan Arthur Fischer sold 1,790 shares of Timberland Bancorp stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $33.02, for a total transaction of $59,105.80. Following the completion of the sale, the chief operating officer now directly owns 4,550 shares in the company, valued at $150,241. This trade represents a 28.23 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 4,111 shares of company stock worth $135,819 over the last quarter. 3.70% of the stock is currently owned by company insiders.

About Timberland Bancorp

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.