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

Timberland Bancorp, Inc. (NASDAQ:TSBK) declared a quarterly dividend on Thursday, October 31st, Zacks 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 3.31%. The ex-dividend date of this dividend is Friday, November 15th. This is a boost from Timberland Bancorp’s previous quarterly dividend of $0.24.

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

Timberland Bancorp Stock Performance

TSBK traded up $1.31 during midday trading on Friday, reaching $30.19. The company had a trading volume of 9,690 shares, compared to its average volume of 13,259. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.97 and a current ratio of 0.97. The stock has a market cap of $240.61 million, a PE ratio of 10.00 and a beta of 0.65. Timberland Bancorp has a 12-month low of $23.93 and a 12-month high of $32.24. The business has a 50-day moving average price of $30.00 and a two-hundred day moving average price of $27.87.

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.