Timberland Bancorp, Inc. (TSBK) to Issue Quarterly Dividend of $0.25 on February 28th

Timberland Bancorp, Inc. (NASDAQ:TSBK) declared a quarterly dividend on Monday, January 27th,Wall Street Journal reports. Investors of record on Friday, February 14th will be paid a dividend of 0.25 per share by the savings and loans company on Friday, February 28th. This represents a $1.00 annualized dividend and a dividend yield of 3.22%. The ex-dividend date of this dividend is Friday, February 14th.

Timberland Bancorp has increased its dividend by an average of 4.9% annually over the last three years and has increased its dividend annually for the last 12 consecutive years.

Timberland Bancorp Stock Up 0.9 %

TSBK opened at $31.07 on Wednesday. The firm has a market cap of $247.63 million, a P/E ratio of 10.06 and a beta of 0.67. The business’s fifty day simple moving average is $30.68 and its 200 day simple moving average is $30.46. Timberland Bancorp has a 52 week low of $23.93 and a 52 week high of $33.98. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.08.

Timberland Bancorp (NASDAQ:TSBK) last issued its quarterly earnings results on Monday, January 27th. The savings and loans company reported $0.86 EPS for the quarter. Timberland Bancorp had a net margin of 22.88% and a return on equity of 10.28%.

Insiders Place Their Bets

In other news, COO Jonathan Arthur Fischer sold 1,790 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $33.02, for a total transaction of $59,105.80. Following the transaction, the chief operating officer now directly owns 4,550 shares in the company, valued at $150,241. This represents a 28.23 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 3.70% of the stock is owned by corporate insiders.

About Timberland Bancorp

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.