Waterstone Financial Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

On September 22, 2020, Waterstone Financial, Inc. (NASDAQ: WSBF) announced a quarterly dividend of $0.12 per common share, set to be paid on November 2, 2020. Shareholders must be on record by the close of business on October 12, 2020. Waterstone Financial operates as a savings and loan holding company for WaterStone Bank, which offers a wide range of banking products across several locations in Wisconsin and a commercial lending office in Minneapolis, MN.

Positive

• Declared a quarterly dividend of $0.12 per share, indicating confidence in financial performance.
• Waterstone Bank has a diverse range of banking products and multiple branches, supporting sustained business operations.

Negative

• None.

News Market Reaction – WSBF

-0.68%

-0.68% Session move

In the trading session that priced this news, WSBF declined 0.68%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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WAUWATOSA, Wis., Sept. 22, 2020 (GLOBE NEWSWIRE) -- On September 22, 2020, the Board of Directors of Waterstone Financial, Inc. (NASDAQ: WSBF) declared a quarterly dividend of $0.12 per common share, payable on November 2, 2020, to shareholders of record at the close of business on October 12, 2020.

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/27^th 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

FAQ

What is the dividend amount declared by WSBF?

Waterstone Financial declared a dividend of $0.12 per common share.

When is the WSBF dividend payment date?

The dividend payment date for WSBF is November 2, 2020.

What is the record date for WSBF's dividend?

The record date for WSBF's dividend is October 12, 2020.

How often does WSBF pay dividends?

Waterstone Financial typically pays dividends quarterly.