Waterstone Financial Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

Waterstone Financial (NASDAQ: WSBF) has announced a regular quarterly cash dividend of $0.15 per common share. This dividend was declared by the company's Board of Directors on September 24, 2024. Shareholders who are on record at the close of business on October 8, 2024, will be eligible to receive the dividend. The payment is scheduled for November 1, 2024.

This announcement demonstrates Waterstone Financial's commitment to providing regular returns to its shareholders. The declaration of a quarterly dividend can be seen as a positive sign of the company's financial health and its ability to generate consistent cash flow.

Positive

• Regular quarterly dividend of $0.15 per share indicates consistent shareholder returns
• Timely dividend declaration suggests stable financial position

Negative

• None.

News Market Reaction – WSBF

-0.36%

-0.36% Session move

In the trading session that priced this news, WSBF declined 0.36%, 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.

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WAUWATOSA, Wis., Sept. 24, 2024 (GLOBE NEWSWIRE) -- On September 24, 2024, the Board of Directors of Waterstone Financial, Inc. (NASDAQ: WSBF) declared a regular quarterly cash dividend of $0.15 per common share. The dividend is payable on November 1, 2024, to shareholders of record at the close of business on October 8, 2024.

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

FAQ

What is the amount of Waterstone Financial's (WSBF) latest quarterly dividend?

Waterstone Financial (WSBF) has declared a regular quarterly cash dividend of $0.15 per common share.

When will Waterstone Financial (WSBF) pay its latest declared dividend?

The dividend is payable on November 1, 2024.

What is the record date for Waterstone Financial's (WSBF) latest dividend?

The record date for the dividend is October 8, 2024, at the close of business.

When did Waterstone Financial (WSBF) declare its latest quarterly dividend?

Waterstone Financial's Board of Directors declared the quarterly dividend on September 24, 2024.