Waterstone Financial Declares Regular Quarterly Cash Dividend
Rhea-AI Summary
On June 15, 2021, the Board of Directors of Waterstone Financial declared a quarterly dividend of $0.20 per common share. This dividend is payable on August 3, 2021, to shareholders of record by the close of business on July 12, 2021. Waterstone Financial operates WaterStone Bank, established in 1921, which provides a wide range of banking products across multiple branches in Wisconsin. They also own Waterstone Mortgage, which offers lending services in 48 states.
Positive
- Quarterly dividend declaration of $0.20 per share boosts income for shareholders.
- Company stability indicated by consistent dividend payments.
Negative
- None.
News Market Reaction – WSBF
In the trading session that priced this news, WSBF gained 0.54%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
WAUWATOSA, Wis., June 15, 2021 (GLOBE NEWSWIRE) -- On June 15, 2021, the Board of Directors of Waterstone Financial, Inc. (NASDAQ: WSBF) declared a regular 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, 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 http://www.wsbonline.com.
Contact: Mark R. Gerke
Chief Financial Officer
414-459-4012
markgerke@wsbonline.com