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Stock impact report

Territorial Bancorp Inc. Declares Dividend

Territorial Bancorp Inc. (TBNK) 
Last territorial bancorp inc. earnings: 4/30 04:30 pm Check Earnings Report
Company Research Source: GlobeNewswire
HONOLULU, April 30, 2020 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the “Company”), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors approved a quarterly cash dividend of $0.23 per share. The dividend is expected to be paid on May 28, 2020 to stockholders of record as of May 14, 2020. Allan Kitagawa, Chairman and Chief Executive Officer, said, “The Company continued to perform well in the first quarter of 2020 despite the economic uncertainties created by COVID-19. Our total assets and deposits grew in the first quarter and we continued to emphasize maintaining strong asset quality. Our emphasis on asset quality and our strong capital position should allow the Company to work through the challenges we face with the COVID-19 pandemic.”  Forward-looking statements - This press release contains forward-looking statements, which can be identified by the use of words such as “estimate,” “p Show less Read more
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