Waterstone Financial Declares Regular Quarterly Cash Dividend
Rhea-AI Summary
On March 22, 2023, the Board of Directors of Waterstone Financial declared a quarterly cash dividend of $0.20 per common share. This dividend is set to be paid on May 2, 2023, to shareholders on record by the close of business on April 10, 2023. Waterstone Financial, the holding company for WaterStone Bank, provides a variety of banking products and operates multiple branches across Wisconsin. Established in 1921, WaterStone Bank also offers lending services through Waterstone Mortgage, which covers 48 states.
Positive
- Declared a quarterly cash dividend of $0.20 per share, enhancing shareholder income.
- Strong operational presence in Wisconsin with multiple branches.
Negative
- None.
News Market Reaction – WSBF
In the trading session that priced this news, WSBF declined 1.25%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
WAUWATOSA, Wis., March 22, 2023 (GLOBE NEWSWIRE) -- On March 22, 2023, the Board of Directors of Waterstone Financial, Inc. (NASDAQ: WSBF) declared a regular quarterly cash dividend of
About Waterstone Financial, Inc.
Waterstone Financial, Inc. is the savings and loan holding company for WaterStone Bank. WaterStone Bank was established in 1921 and offers a full suite of personal and business banking products. The Bank has branches in Wauwatosa/State St, Brookfield, Fox Point/North Shore, Franklin/Hales Corners, Germantown/Menomonee Falls, Greenfield/Loomis Rd, Milwaukee/Oklahoma Ave, Oak Creek/27th St, Oak Creek/Howell Ave, Oconomowoc/Lake Country, Pewaukee, Waukesha, West Allis/Greenfield Ave, and West Allis/National Ave, Wisconsin. WaterStone Bank is the parent company to Waterstone Mortgage, which has the ability to lend in 48 states. For more information about WaterStone Bank, go to wsbonline.com.
Contact:
Mark R. Gerke
Chief Financial Officer
414.459.4012
markgerke@wsbonline.com
