Territorial Bancorp's most recent quarterly dividend of $0.23 per share was on May 10, 2023 (ex-date). The annualized payout of $0.92 per share represents a current dividend yield of 8.75%.
TBNK has a dividend yield of 8.75% which is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 3.86%, Territorial Bancorp's dividend yield is 127% higher. The historical 5-year average of TBNK's dividend yield is 3.7%, which is less than the current one.
Territorial Bancorp has a history of paying dividends since 2010. Our records of TBNK show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. But since the stock price has gone down by 52% from a year ago, the dividend yield has increased by 110%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
May 10, 2023 | May 25, 2023 | Apr 27, 2023 | $0.23 | normal |
Feb 8, 2023 | Feb 23, 2023 | Jan 26, 2023 | $0.23 | normal |
Nov 9, 2022 | Nov 23, 2022 | Oct 27, 2022 | $0.23 | normal |
Aug 10, 2022 | Aug 25, 2022 | Jul 28, 2022 | $0.23 | normal |
May 11, 2022 | May 26, 2022 | Apr 28, 2022 | $0.23 | normal |
Feb 9, 2022 | Feb 24, 2022 | Jan 27, 2022 | $0.23 | normal |
Nov 9, 2021 | Nov 24, 2021 | Oct 28, 2021 | $0.23 | normal |
Aug 11, 2021 | Aug 26, 2021 | Jul 29, 2021 | $0.23 | normal |
May 12, 2021 | May 27, 2021 | Apr 29, 2021 | $0.23 | normal |
Feb 10, 2021 | Feb 25, 2021 | Jan 28, 2021 | $0.23 | normal |
Jan 5, 2021 | Jan 20, 2021 | Dec 23, 2020 | $0.1 | special |
Nov 10, 2020 | Nov 25, 2020 | Oct 29, 2020 | $0.23 | normal |
Aug 12, 2020 | Aug 27, 2020 | Jul 30, 2020 | $0.23 | normal |
May 13, 2020 | May 28, 2020 | Apr 30, 2020 | $0.23 | normal |
Feb 12, 2020 | Feb 27, 2020 | Jan 30, 2020 | $0.23 | normal |
Dec 3, 2019 | Dec 18, 2019 | Nov 20, 2019 | $0.5 | special |
Nov 6, 2019 | Nov 21, 2019 | Oct 24, 2019 | $0.23 | normal |
Aug 7, 2019 | Aug 22, 2019 | Jul 25, 2019 | $0.22 | normal |
Jul 5, 2019 | Jul 22, 2019 | Jun 24, 2019 | $0.1 | special |
May 8, 2019 | May 23, 2019 | Apr 25, 2019 | $0.22 | normal |
Feb 4, 2019 | Feb 19, 2019 | Jan 22, 2019 | $0.22 | normal |
Dec 7, 2018 | Dec 20, 2018 | Nov 30, 2018 | $0.2 | special |
Nov 7, 2018 | Nov 21, 2018 | Oct 25, 2018 | $0.22 | normal |
Aug 8, 2018 | Aug 23, 2018 | Jul 26, 2018 | $0.22 | normal |
Jul 10, 2018 | Jul 25, 2018 | Jun 27, 2018 | $0.1 | normal |
May 9, 2018 | May 24, 2018 | Apr 26, 2018 | $0.2 | normal |
Feb 7, 2018 | Feb 22, 2018 | Jan 25, 2018 | $0.2 | normal |
Dec 5, 2017 | Dec 20, 2017 | Nov 17, 2017 | $0.3 | special |
Nov 7, 2017 | Nov 22, 2017 | Oct 25, 2017 | $0.2 | normal |
Aug 8, 2017 | Aug 24, 2017 | Jul 27, 2017 | $0.2 | normal |
Jul 10, 2017 | Jul 26, 2017 | Jun 28, 2017 | $0.1 | special |
May 9, 2017 | May 25, 2017 | Apr 27, 2017 | $0.2 | normal |
Feb 7, 2017 | Feb 23, 2017 | Jan 26, 2017 | $0.2 | normal |
Dec 7, 2016 | Dec 21, 2016 | Nov 30, 2016 | $0.2 | special |
Nov 8, 2016 | Nov 25, 2016 | Oct 27, 2016 | $0.18 | normal |
Aug 10, 2016 | Aug 26, 2016 | Jul 29, 2016 | $0.18 | normal |
TBNK has a payout ratio of 59.4% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 32.1%, Territorial Bancorp's payout ratio is 85% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
TBNK Territorial Bancorp Inc | 8.39% | $0.92 | 59.4% |
RVSB Riverview Bancorp Inc | 5.22% | $0.24 | 27.6% |
FFNW First Financial Northwest Inc | 4.77% | $0.49 | 36.6% |
PROV Provident Financial Holdings Inc | 4.68% | $0.56 | 43.4% |
TSBK Timberland Bancorp Inc | 3.72% | $0.9 | 27.6% |
WAFD Washington Federal Inc | 3.47% | $0.98 | 24% |
FSBW FS Bancorp Inc | 2.97% | $0.9 | 22.7% |
BANC Banc Of California Inc | 2.4% | $0.28 | 18.2% |
Yes, Territorial Bancorp has been paying dividends for the last 13 years.
TBNK hasn't announced its next dividend date yet, but if we take into consideration its recent dividend schedule, it is likely that its next dividend will be in August 2023.
Territorial Bancorp's last regular dividend was on May 10, 2023 (ex-date) with the amount of $0.23 per share.
TBNK's annualized dividend per share is $0.92.
Currently Territorial Bancorp's dividend yield is 8.75%.
Territorial Bancorp has a quarterly dividend frequency.
The dividend payout ratio of Territorial Bancorp is 59.4%.
Territorial Bancorp's dividend yield is more than the Financial Services sector average.