Territorial Bancorp Inc. operates as the holding company for Territorial Savings Bank that provides various financial services to individuals, families, and businesses in the State of Hawaii. The company offers a range of deposit accounts, including passbook and statement savings accounts, certificates of deposit, money market accounts, commercial and regular checking accounts, and Super NOW accounts. It also provides various loan products comprising one-to four-family residential mortgage; home equity; consumer; multi-family mortgage; commercial business; and construction, commercial, and other nonresidential real estate loans, as well as lines of credit and investment securities. In addition, the company engages in insurance agency activities. Further, it provides various non-deposit investments, including annuities and mutual funds through a third-party broker-dealer. The company operates through a network of 29 full-service branches located in the state of Hawaii. Territorial Bancorp Inc. was founded in 1921 and is based in Honolulu, Hawaii.
Territorial Bancorp Dividend Announcement
• Territorial Bancorp announced a quarterly dividend of $0.01 per ordinary share which will be made payable on 2024-11-22. Ex dividend date: 2024-11-08
• Territorial Bancorp annual dividend for 2024 was $0.08
• Territorial Bancorp annual dividend for 2023 was $0.74
• Territorial Bancorp's trailing twelve-month (TTM) dividend yield is 1.19%
• Territorial Bancorp's payout ratio for the trailing twelve months (TTM) is -130.43%
• Territorial Bancorp's dividend growth over the last five years (2018-2023) was -8.28% year
• Territorial Bancorp's dividend growth over the last ten years (2013-2023) was 1.79% year
Territorial Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-08 | $0.01 | quarterly | 2024-11-22 |
2024-08-09 | $0.01 | quarterly | 2024-08-23 |
2024-05-28 | $0.01 | quarterly | 2024-06-10 |
2024-02-08 | $0.05 | quarterly | 2024-02-23 |
2023-11-08 | $0.05 | quarterly | 2023-11-24 |
2023-08-10 | $0.23 | quarterly | 2023-08-25 |
2023-05-10 | $0.23 | quarterly | 2023-05-25 |
2023-02-08 | $0.23 | quarterly | 2023-02-23 |
2022-12-16 | $0.10 | quarterly | 2022-12-29 |
2022-11-09 | $0.23 | quarterly | 2022-11-23 |
2022-08-10 | $0.23 | quarterly | 2022-08-25 |
2022-05-11 | $0.23 | quarterly | 2022-05-26 |
2022-02-09 | $0.23 | quarterly | 2022-02-24 |
2021-12-09 | $0.10 | quarterly | 2021-12-23 |
2021-11-09 | $0.23 | quarterly | 2021-11-24 |
2021-08-11 | $0.23 | quarterly | 2021-08-26 |
2021-05-12 | $0.23 | quarterly | 2021-05-27 |
2021-02-10 | $0.23 | quarterly | 2021-02-25 |
2021-01-05 | $0.10 | quarterly | 2021-01-20 |
2020-11-10 | $0.23 | quarterly | 2020-11-25 |
2020-08-12 | $0.23 | quarterly | 2020-08-27 |
2020-05-13 | $0.23 | quarterly | 2020-05-28 |
2020-02-12 | $0.23 | quarterly | 2020-02-27 |
2019-12-03 | $0.50 | quarterly | 2019-12-18 |
2019-11-06 | $0.23 | quarterly | 2019-11-21 |
2019-08-07 | $0.22 | quarterly | 2019-08-22 |
2019-07-05 | $0.10 | quarterly | 2019-07-22 |
2019-05-08 | $0.22 | quarterly | 2019-05-23 |
2019-02-04 | $0.22 | quarterly | 2019-02-19 |
2018-12-07 | $0.20 | quarterly | 2018-12-20 |
2018-11-07 | $0.22 | quarterly | 2018-11-21 |
2018-08-08 | $0.22 | quarterly | 2018-08-23 |
2018-07-10 | $0.10 | quarterly | 2018-07-25 |
2018-05-09 | $0.20 | quarterly | 2018-05-24 |
2018-02-07 | $0.20 | quarterly | 2018-02-22 |
2017-12-05 | $0.30 | quarterly | 2017-12-20 |
2017-11-07 | $0.20 | quarterly | 2017-11-22 |
2017-08-08 | $0.20 | quarterly | 2017-08-24 |
2017-07-10 | $0.10 | quarterly | 2017-07-26 |
2017-05-09 | $0.20 | quarterly | 2017-05-25 |
2017-02-07 | $0.20 | quarterly | 2017-02-23 |
2016-12-07 | $0.20 | quarterly | 2016-12-21 |
2016-11-08 | $0.18 | quarterly | 2016-11-25 |
2016-08-10 | $0.18 | quarterly | 2016-08-26 |
2016-05-10 | $0.18 | quarterly | 2016-05-26 |
2016-02-09 | $0.18 | quarterly | 2016-02-25 |
2015-12-09 | $0.10 | quarterly | 2015-12-23 |
2015-11-09 | $0.17 | quarterly | 2015-11-27 |
2015-08-11 | $0.17 | quarterly | 2015-08-27 |
2015-05-12 | $0.16 | quarterly | 2015-05-28 |
2015-02-05 | $0.16 | quarterly | 2015-02-23 |
2014-12-05 | $0.10 | quarterly | 2014-12-23 |
2014-11-10 | $0.16 | quarterly | 2014-11-26 |
2014-08-12 | $0.15 | quarterly | 2014-08-28 |
2014-05-13 | $0.15 | quarterly | 2014-05-29 |
2014-02-11 | $0.14 | quarterly | 2014-02-27 |
2013-12-05 | $0.10 | quarterly | 2013-12-23 |
2013-11-12 | $0.14 | quarterly | 2013-11-27 |
2013-08-13 | $0.13 | quarterly | 2013-08-29 |
2013-05-13 | $0.13 | quarterly | 2013-05-29 |
2013-02-13 | $0.12 | quarterly | 2013-03-04 |
Territorial Bancorp Dividend per year
Territorial Bancorp Dividend growth
Territorial Bancorp Dividend Yield
Territorial Bancorp current trailing twelve-month (TTM) dividend yield is 1.19%. Interested in purchasing Territorial Bancorp stock? Use our calculator to estimate your expected dividend yield:
Territorial Bancorp Financial Ratios
Territorial Bancorp Dividend FAQ
Other factors to consider when evaluating Territorial Bancorp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Territorial Bancorp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Territorial Bancorp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Territorial Bancorp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Territorial Bancorp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Territorial Bancorp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Territorial Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Territorial Bancorp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Territorial Bancorp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Territorial Bancorp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.