Timberland Bancorp, Inc. (NASDAQ:TSBK) Plans Quarterly Dividend of $0.31

Timberland Bancorp, Inc. (NASDAQ:TSBK) declared a quarterly dividend on Thursday, October 29th. Shareholders of record on Thursday, November 12th will be given a dividend of $0.31 per share by the savings and loans company on Friday, November 27th. This represents a $1.24 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Thursday, November 12th. This is a 3.3% increase from Timberland Bancorp’s previous quarterly dividend of $0.30.

Timberland Bancorp Price Performance

TSBK stock opened at $48.06 on Tuesday. The stock has a 50-day moving average price of $46.07 and a two-hundred day moving average price of $42.62. Timberland Bancorp has a 1 year low of $32.34 and a 1 year high of $49.38. The stock has a market cap of $373.91 million, a PE ratio of 12.16 and a beta of 0.34. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.04.

Timberland Bancorp (NASDAQ:TSBK) last issued its quarterly earnings results on Thursday, October 29th. The savings and loans company reported $1.04 EPS for the quarter. The company had revenue of $22.78 million for the quarter. Timberland Bancorp had a return on equity of 11.51% and a net margin of 26.18%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded Timberland Bancorp from a “buy (a-)” rating to a “buy (a)” rating in a research note on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating. Based on data from MarketBeat, Timberland Bancorp presently has an average rating of “Strong Buy”.

About Timberland Bancorp

Timberland Bancorp, Inc is the holding company for Timberland Bank, a community banking institution headquartered in Hoquiam, Washington. The bank serves individuals, families, businesses and public-sector organizations in communities across western Washington.

Timberland Bank offers deposit products, including checking, savings, money market and certificate accounts, along with consumer and commercial lending. Its loan portfolio includes residential real estate, commercial real estate, construction and land development, agricultural, small-business and consumer loans.