Waterstone Financial, Inc. (NASDAQ:WSBF) to Issue Quarterly Dividend of $0.15

Waterstone Financial, Inc. (NASDAQ:WSBF) announced a quarterly dividend on Thursday, March 20th, RTT News reports. Stockholders of record on Tuesday, April 8th will be given a dividend of 0.15 per share by the savings and loans company on Thursday, May 1st. This represents a $0.60 annualized dividend and a dividend yield of 4.37%.

Waterstone Financial has decreased its dividend by an average of 9.1% per year over the last three years.

Waterstone Financial Stock Performance

WSBF stock traded down $0.18 on Thursday, reaching $13.73. 41,242 shares of the company were exchanged, compared to its average volume of 42,776. The firm has a market capitalization of $265.26 million, a PE ratio of 13.59 and a beta of 0.64. Waterstone Financial has a 12 month low of $10.60 and a 12 month high of $16.86. The stock’s fifty day moving average price is $13.69 and its 200 day moving average price is $14.35. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.48 and a quick ratio of 1.36.

Waterstone Financial (NASDAQ:WSBF) last posted its quarterly earnings data on Tuesday, January 28th. The savings and loans company reported $0.28 earnings per share (EPS) for the quarter. Waterstone Financial had a net margin of 9.23% and a return on equity of 5.75%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Waterstone Financial from a “hold” rating to a “buy” rating in a report on Thursday, March 13th.

Insider Buying and Selling at Waterstone Financial

In related news, CFO Mark Raymond Gerke sold 2,738 shares of the company’s stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $14.14, for a total value of $38,715.32. Following the sale, the chief financial officer now owns 30,334 shares of the company’s stock, valued at $428,922.76. The trade was a 8.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Stephen J. Schmidt sold 14,928 shares of the firm’s stock in a transaction dated Friday, January 31st. The stock was sold at an average price of $13.80, for a total transaction of $206,006.40. Following the transaction, the director now owns 70,078 shares of the company’s stock, valued at approximately $967,076.40. This represents a 17.56 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 66,669 shares of company stock valued at $929,283 in the last 90 days. 8.30% of the stock is currently owned by company insiders.

Waterstone Financial Company Profile

Waterstone Financial, Inc operates as a bank holding company for WaterStone Bank SSB that provides various financial services to customers in southeastern Wisconsin, the United States. It operates in two segments, Community Banking and Mortgage Banking. The Community Banking segment offers consumer and business banking products and services, such as deposit and transactional solutions, including checking accounts, online banking and bill pay services, money transfer services, as well as credit, debit, and pre-paid cards; investable funds solutions comprising savings, money market deposits, individual retirement accounts, and certificates of deposit; residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit; and fixed and variable annuities, insurance products, and trust and investment management accounts.