Timberland Bancorp, Inc. (TSBK) to Issue Quarterly Dividend of $0.24 on May 24th

Timberland Bancorp, Inc. (NASDAQ:TSBK) announced 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 3.69%. The ex-dividend date is Thursday, May 9th.

Timberland Bancorp has raised its dividend 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 Price Performance

Shares of TSBK opened at $26.00 on Tuesday. The firm has a fifty day simple moving average of $25.75 and a two-hundred day simple moving average of $27.95. The firm has a market cap of $211.12 million, a PE ratio of 8.52 and a beta of 0.79. 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 has a 1-year low of $22.11 and a 1-year high of $32.20.

Analysts Set New Price Targets

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

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.