The holding company of Territorial Savings Bank has declared a special cash dividend of 10 cents a share that will be payable on Dec. 23 to shareholders of record as of Dec. 12.

This is the fourth consecutive year that Territorial Bancorp Inc. will be paying out a special dividend in addition to its regular quarterly dividends.

“The special dividend is in addition to our 23rd consecutive dividend declared on Oct. 29,” Territorial Chairman and CEO Allan Kitagawa said Wednesday. “Our 2015 performance to date and our strong capital position allows us to share this with (the bank’s shareholders).”

The special dividend of 10 cents and four quarterly dividends — two at 16 cents a share and two at 17 cents a share — reflect a total distribution of 76 cents a share for 2015.

“For shareholders who were part of our IPO (initial public offering) in 2009, the dividend represents a yield of approximately 8 percent on your initial IPO investment of $10 per share,” Kitagawa said.

Territorial’s stock closed down 6 cents Wednesday at $28.85 but is up 33.9 percent for the year. The dividend announcement was made after the market closed.

Car clubs gather cash, toys for Marine program

The 41st annual Toys for Tots Show and Shine staged by the Aloha Mustang and Shelby Club of Hawaii raised $400 in cash and gathered 1,064 toys for the U.S. Marine Corps Reserve Toys for Tots program.

The Sunday event at Makers & Tasters at Kewalo Basin was attended by 31 car clubs and numerous individuals, with hundreds of American-made and imported vehicles.

The car club Bleizen FX brought 213 toys, the largest toy donation by a club.

The event, also staged as a benefit for the Hawaii Food Bank, netted nearly $100 in cash and 354 pounds of nonperishable foods.

Subaru Hawaii collecting supplies for Hawaiian Humane Society

Subaru Hawaii is staging a pet supplies drive for the Hawaiian Humane Society through this month.

As part of its “Share the Love” holiday promotion that will donate up to $35,000 to local nonprofits, Subaru Hawaii is collecting various pet supplies at its two Oahu dealerships.

For cats, desired items include canned food, small plastic litter boxes, cardboard scratchers and wand toys.

For dogs, the company is collecting harnesses, with medium size being the most needed; collapsible water bowls; peanut butter, either chunky or smooth; large or extra-large Kong dog toys, and soft dog treats.

Donation bins are at Subaru Hawaii at 2850 Pukoloa Street in Mapunapuna, and at 3361 Waialae Ave. in Kaimuki.

On The Move

» Hawaii Family Dental Centers has hired the following two dentists:

— Dr. Matthew Griffith as a pediatric dentist. He previously worked at the Bay Clinic in Kea’au and graduated from the University of Washington, one of the leading dental schools in the country.

— Dr. Ramandeep Gill as a periodontist dentist. She previously worked t Bright Now! Dental and Smile Makers in Ohio and graduated from the University of Missouri, Kansas City.

» Prince Resorts Hawaii has named CharlAnn Nakamoto as corporate director of human resources. She will oversee talent management, employee relations and human resources strategic planning and development for the three properties of Prince Resorts Hawaii, including Hawaii Prince Hotel Waikiki, Hapuna Beach Prince Hotel and Mauna Kea Beach Hotel. Nakamoto has 25 years of experience in the hospitality industry and was previously director of human resources at the former Maui Prince Hotel and Norwegian Cruise Line America.

Ship Ahoy!

Today’s ship arrivals and departures: