Timberland Bancorp, Inc. (NASDAQ:TSBK - Get Free Report) announced a quarterly dividend on Tuesday, July 22nd, Wall Street Journal reports. Stockholders of record on Friday, August 8th will be paid a dividend of 0.26 per share by the savings and loans company on Friday, August 22nd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.16%. The ex-dividend date is Friday, August 8th.
Timberland Bancorp Stock Down 0.9%
NASDAQ:TSBK traded down $0.29 during mid-day trading on Friday, reaching $32.92. The company's stock had a trading volume of 8,411 shares, compared to its average volume of 14,419. Timberland Bancorp has a 1 year low of $26.09 and a 1 year high of $34.95. The stock has a fifty day moving average of $31.35 and a 200-day moving average of $30.57. The firm has a market capitalization of $260.07 million, a PE ratio of 9.68 and a beta of 0.47. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.08.
Timberland Bancorp (NASDAQ:TSBK - Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The savings and loans company reported $0.90 earnings per share for the quarter. Timberland Bancorp had a net margin of 24.19% and a return on equity of 10.87%. The company had revenue of $20.50 million during the quarter.
Institutional Trading of Timberland Bancorp
Hedge funds have recently added to or reduced their stakes in the business. Empowered Funds LLC raised its holdings in Timberland Bancorp by 3.7% in the first quarter. Empowered Funds LLC now owns 53,481 shares of the savings and loans company's stock worth $1,612,000 after purchasing an additional 1,909 shares in the last quarter. Jane Street Group LLC bought a new position in Timberland Bancorp in the first quarter worth about $235,000. Finally, Strs Ohio bought a new position in Timberland Bancorp in the first quarter worth about $33,000. 65.49% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen lowered shares of Timberland Bancorp from a "buy" rating to a "hold" rating in a research note on Wednesday, May 21st.
Read Our Latest Stock Analysis on Timberland Bancorp
Timberland Bancorp Company Profile
(
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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.
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