Timberland Bancorp's most recent quarterly dividend payment of $0.23 per share was made to shareholders on record before May 11, 2023. The payout stands at $0.9 per share annually, which works out to a dividend yield of 3.8%.
TSBK has a dividend yield of 3.8% which is below the Financial Services sector, the industry and its peers average. But if we consider its Financial Services sector average of 3.86%, Timberland Bancorp's dividend yield is only 1.6% lower. The current dividend yield is more than the historical average of 2.8% of the last 5 years.
Timberland Bancorp has a dividend history dating as far as 1998, but lately the company has been paying dividends for the last ten consecutive years. According to our data TSBK has issued five dividends in the last twelve months. This includes four regular and one special dividends. The annualized DPS has increased by 4.7% for the last year. And since the stock price has gone down by 7% from a year ago, the dividend yield has increased by 12%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 11, 2023 | May 26, 2023 | Apr 25, 2023 | $0.23 | normal |
| Feb 9, 2023 | Feb 24, 2023 | Jan 23, 2023 | $0.23 | normal |
| Nov 9, 2022 | Nov 25, 2022 | Oct 31, 2022 | $0.22 | normal |
| Nov 9, 2022 | Nov 25, 2022 | Oct 31, 2022 | $0.1 | special |
| Aug 11, 2022 | Aug 26, 2022 | Jul 26, 2022 | $0.22 | normal |
| May 12, 2022 | May 27, 2022 | Apr 26, 2022 | $0.22 | normal |
| Feb 10, 2022 | Feb 25, 2022 | Jan 24, 2022 | $0.22 | normal |
| Nov 10, 2021 | Nov 26, 2021 | Oct 28, 2021 | $0.21 | normal |
| Aug 12, 2021 | Aug 27, 2021 | Jul 27, 2021 | $0.21 | normal |
| Aug 12, 2021 | Aug 27, 2021 | Jul 27, 2021 | $0.1 | special |
| May 13, 2021 | May 28, 2021 | Apr 27, 2021 | $0.21 | normal |
| Feb 11, 2021 | Feb 26, 2021 | Jan 25, 2021 | $0.21 | normal |
| Feb 11, 2021 | Feb 26, 2021 | Jan 25, 2021 | $0.1 | special |
| Nov 12, 2020 | Nov 27, 2020 | Oct 29, 2020 | $0.2 | normal |
| Aug 13, 2020 | Aug 28, 2020 | Jul 28, 2020 | $0.2 | normal |
| May 14, 2020 | May 29, 2020 | Apr 28, 2020 | $0.2 | normal |
| Feb 13, 2020 | Feb 28, 2020 | Jan 27, 2020 | $0.2 | normal |
| Nov 14, 2019 | Nov 29, 2019 | Oct 31, 2019 | $0.1 | special |
| Nov 14, 2019 | Nov 29, 2019 | Oct 31, 2019 | $0.15 | normal |
| Aug 14, 2019 | Aug 29, 2019 | Jul 23, 2019 | $0.15 | normal |
| May 14, 2019 | May 29, 2019 | Apr 30, 2019 | $0.15 | normal |
| May 14, 2019 | May 29, 2019 | Apr 30, 2019 | $0.1 | special |
| Feb 13, 2019 | Feb 28, 2019 | Jan 22, 2019 | $0.15 | normal |
| Nov 15, 2018 | Nov 30, 2018 | Nov 1, 2018 | $0.13 | normal |
| Nov 15, 2018 | Nov 30, 2018 | Nov 1, 2018 | $0.1 | special |
| Aug 9, 2018 | Aug 24, 2018 | Jul 24, 2018 | $0.13 | normal |
| May 10, 2018 | May 25, 2018 | Apr 24, 2018 | $0.13 | normal |
| May 10, 2018 | May 25, 2018 | Apr 24, 2018 | $0.1 | special |
| Feb 13, 2018 | Feb 28, 2018 | Jan 22, 2018 | $0.13 | normal |
| Nov 15, 2017 | Nov 30, 2017 | Nov 1, 2017 | $0.11 | normal |
| Aug 9, 2017 | Aug 25, 2017 | Jul 25, 2017 | $0.08 | special |
| Aug 9, 2017 | Aug 25, 2017 | Jul 25, 2017 | $0.11 | normal |
| May 10, 2017 | May 26, 2017 | Apr 25, 2017 | $0.11 | normal |
| Feb 9, 2017 | Feb 27, 2017 | Jan 23, 2017 | $0.11 | normal |
| Nov 14, 2016 | Nov 30, 2016 | Nov 1, 2016 | $0.09 | normal |
TSBK has a payout ratio of 27.6% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 32.1%, Timberland Bancorp's payout ratio is 14% lower.
| 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% |
| FSBW FS Bancorp Inc | 2.97% | $0.9 | 22.7% |
| BANC Banc Of California Inc | 2.4% | $0.28 | 18.2% |
Yes, Timberland Bancorp has paid five dividends in the last 12 months. TSBK has been paying dividends since 2013.
Currently TSBK's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in August 2023.
Timberland Bancorp's last dividend ex-date was on May 11, 2023. The dividend amount was $0.23 per share.
TSBK has paid dividend of $0.9 per share in the last year.
Currently Timberland Bancorp's dividend yield is 3.8%.
Timberland Bancorp pays four dividends per year (excluding specials).
Timberland Bancorp's dividend payout ratio is 27.6%.
Timberland Bancorp's dividend yield is similar to the Financial Services sector average.