Territorial Bancorp cuts quarterly dividend to 5c per share

“In light of the lower level of earnings in the third quarter of 2023 and the highly uncertain interest rate and economic environment in the near term, the Board of Directors determined it is prudent to reduce the dividend this quarter to 5c per share. The dividend is expected to be paid on November 24, 2023, to stockholders of record as of November 9, 2023.”