Timberland Bancorp, Inc. (NASDAQ:TSBK) Declares Quarterly Dividend of $0.24

Posted by James Conley on Apr 25th, 2024

Timberland Bancorp, Inc. (NASDAQ:TSBK – Get Free Report) declared a quarterly dividend on Tuesday, April 23rd, Zacks reports. Investors of record on Friday, May 10th will be paid a dividend of 0.24 per share by the savings and loans company on Friday, May 24th. This represents a $0.96 annualized dividend and a yield of 3.65%. The ex-dividend date of this dividend is Thursday, May 9th.

Timberland Bancorp has increased its dividend payment 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 5.8 %

NASDAQ TSBK traded up $1.45 on Thursday, hitting $26.32. 9,951 shares of the company were exchanged, compared to its average volume of 9,151. Timberland Bancorp has a 12 month low of $22.11 and a 12 month high of $32.20. The company has a market cap of $213.72 million, a PE ratio of 8.63 and a beta of 0.79. The stock has a fifty day moving average of $26.03 and a 200-day moving average of $28.09. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.08.

Timberland Bancorp (NASDAQ:TSBK – Get Free Report) last released its quarterly earnings results on Monday, January 22nd. The savings and loans company reported $0.77 earnings per share for the quarter. The company had revenue of $18.80 million for the quarter. Timberland Bancorp had a net margin of 25.38% and a return on equity of 10.70%.

Wall Street Analysts Forecast Growth

Separately, TheStreet lowered shares of Timberland Bancorp from a “b” rating to a “c+” rating in a report on Monday, March 18th.

View Our Latest Research Report on Timberland Bancorp

Timberland Bancorp Company Profile

(Get Free Report)

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.