Timberland Bancorp, Inc. (NASDAQ:TSBK) to Issue Quarterly Dividend of $0.29

Timberland Bancorp, Inc. (NASDAQ:TSBK) declared a quarterly dividend on Monday, January 26th. Investors of record on Friday, February 13th will be paid a dividend of 0.29 per share by the savings and loans company on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Friday, February 13th. This is a 3.6% increase from Timberland Bancorp’s previous quarterly dividend of $0.28.

Timberland Bancorp has raised its dividend by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 13 consecutive years.

Timberland Bancorp Stock Performance

NASDAQ TSBK opened at $36.53 on Tuesday. The stock has a market capitalization of $287.86 million, a price-to-earnings ratio of 9.93 and a beta of 0.36. The stock has a 50-day moving average of $35.70 and a 200 day moving average of $33.92. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.08. Timberland Bancorp has a twelve month low of $27.51 and a twelve month high of $38.28.

Timberland Bancorp (NASDAQ:TSBK) last issued its quarterly earnings data on Monday, January 26th. The savings and loans company reported $1.04 EPS for the quarter. The company had revenue of $21.71 million for the quarter. Timberland Bancorp had a return on equity of 11.43% and a net margin of 25.44%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on TSBK shares. Wall Street Zen raised shares of Timberland Bancorp from a “hold” rating to a “buy” rating in a research note on Saturday, December 13th. Weiss Ratings restated a “buy (b)” rating on shares of Timberland Bancorp in a research report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Timberland Bancorp currently has a consensus rating of “Buy”.

Timberland Bancorp Company Profile

Timberland Bancorp, Inc is the bank holding company for Timberland Bank, a Washington-chartered commercial bank serving individuals and businesses in southwestern Washington. The company conducts its operations through Timberland Bank, offering a range of community banking services tailored to local market needs. As a publicly traded company on the NASDAQ under the symbol TSBK, Timberland Bancorp focuses on delivering personalized financial solutions while maintaining a community-oriented approach.

Timberland Bank’s core products include deposit accounts such as checking, savings and money market accounts, certificates of deposit and retirement accounts.