Waterstone Financial Declares Regular Quarterly Cash Dividend
Rhea-AI Summary
The Board of Directors of Waterstone Financial has declared a quarterly dividend of $0.12 per common share. This dividend is payable on August 3, 2020, to shareholders of record as of the close of business on July 13, 2020. Waterstone Financial is the holding company for WaterStone Bank, which offers a comprehensive range of personal and business banking products. Established in 1921, the bank operates multiple branches across Wisconsin and has a commercial lending office in Minnesota.
Positive
- Quarterly dividend of $0.12 per share announced.
- Dividend payment boosts shareholder income.
Negative
- None.
News Market Reaction – WSBF
In the trading session that priced this news, WSBF declined 2.86%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
WAUWATOSA, Wisc., June 16, 2020 (GLOBE NEWSWIRE) -- On June 16, 2020, the Board of Directors of Waterstone Financial, Inc. (NASDAQ: WSBF) declared a quarterly 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, Oak Creek/27th St, Oak Creek/Howell Ave, Oconomowoc/Lake Country, Pewaukee, Waukesha, West Allis/Greenfield Ave, and West Allis/National Ave, Wisconsin along with a commercial lending office in Minneapolis, Minnesota. 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 http://www.wsbonline.com.
Mark R. Gerke
Chief Financial Officer
414.459.4012
markgerke@wsbonline.com