Waterstone Financial, Inc. (WSBF) to Distribute Quarterly Dividend of $0.17 on November 2nd

Waterstone Financial, Inc. (NASDAQ:WSBF) declared a quarterly dividend on Tuesday, September 22nd. Investors of record on Thursday, October 8th will be given a dividend of 0.17 per share by the savings and loans company on Monday, November 2nd. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Thursday, October 8th.

Waterstone Financial has decreased its dividend payment by an average of 0.1%per year over the last three years.

Waterstone Financial Stock Performance

NASDAQ WSBF opened at $20.33 on Thursday. Waterstone Financial has a twelve month low of $14.52 and a twelve month high of $21.66. The stock has a market cap of $365.53 million, a price-to-earnings ratio of 11.82 and a beta of 0.71. The firm’s 50 day moving average price is $20.78 and its two-hundred day moving average price is $19.41.

Waterstone Financial (NASDAQ:WSBF) last released its earnings results on Thursday, July 23rd. The savings and loans company reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.17). The business had revenue of $40.25 million during the quarter, compared to analysts’ expectations of $65.80 million. Waterstone Financial had a net margin of 14.57% and a return on equity of 8.64%.

About Waterstone Financial

Waterstone Financial, Inc (NASDAQ: WSBF) is a bank holding company headquartered in Wauwatosa, Wisconsin. Its principal subsidiary, WaterStone Bank, is a community-focused financial institution serving individuals, families and businesses in southeastern Wisconsin.

WaterStone Bank provides a range of banking products and services, including checking and savings accounts, certificates of deposit, consumer loans, residential mortgage lending, home equity financing, commercial real estate loans, construction financing and commercial business loans.