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

Timberland Bancorp, Inc. (NASDAQ:TSBK - Get Free Report) declared a quarterly dividend on Tuesday, April 23rd, Zacks reports. Shareholders of record on Friday, May 10th will be given a dividend of 0.24 per share by the savings and loans company on Friday, May 24th. This represents a $0.96 dividend on an annualized basis and a yield of 3.82%. The ex-dividend date of this dividend is Thursday, May 9th.

Timberland Bancorp has raised its dividend by an average of 4.8% per year over the last three years and has raised its dividend every year for the last 12 years.

Timberland Bancorp Price Performance

TSBK stock traded down $1.20 during midday trading on Thursday, reaching $25.12. The company had a trading volume of 12,790 shares, compared to its average volume of 13,310. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.93 and a quick ratio of 0.93. Timberland Bancorp has a 1 year low of $22.11 and a 1 year high of $32.20. The company has a market capitalization of $203.97 million, a P/E ratio of 8.63 and a beta of 0.79. The firm has a 50-day moving average price of $26.03 and a 200-day moving average price of $28.09.

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 EPS for the quarter. Timberland Bancorp had a net margin of 25.38% and a return on equity of 10.70%. The business had revenue of $18.80 million during the quarter.

Analyst Upgrades and Downgrades

Separately, TheStreet cut shares of Timberland Bancorp from a "b" rating to a "c+" rating in a research note 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.