Timberland Bancorp, Inc. (NASDAQ:TSBK) Announces Quarterly Dividend of $0.25

Timberland Bancorp, Inc. (NASDAQ:TSBK) declared a quarterly dividend on Tuesday, January 28th,Wall Street Journal reports. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date is Friday, February 14th.

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

Timberland Bancorp Stock Performance

NASDAQ:TSBK opened at $30.01 on Wednesday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.97 and a current ratio of 0.97. The stock has a market capitalization of $239.18 million, a PE ratio of 10.00 and a beta of 0.68. Timberland Bancorp has a fifty-two week low of $23.93 and a fifty-two week high of $33.98. The company has a fifty day moving average of $31.11 and a two-hundred day moving average of $30.42.

Timberland Bancorp (NASDAQ:TSBK) last released its quarterly earnings results on Monday, January 27th. The savings and loans company reported $0.86 earnings per share for the quarter. Timberland Bancorp had a net margin of 22.92% and a return on equity of 10.09%.

Insider Activity

In other Timberland Bancorp news, COO Jonathan Arthur Fischer sold 2,044 shares of the stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $33.09, for a total value of $67,635.96. Following the completion of the sale, the chief operating officer now owns 4,550 shares in the company, valued at approximately $150,559.50. This represents a 31.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 4,111 shares of company stock worth $135,819 over the last quarter. 3.70% of the stock is currently 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.