Waterstone Financial Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

The Board of Directors of Waterstone Financial has declared a quarterly cash dividend of $0.20 per common share, set to be paid on November 1, 2022. Shareholders of record by the close of business on October 10, 2022 will receive this dividend. Waterstone Financial serves as the holding company for WaterStone Bank, which has provided banking services since 1921 and offers a range of personal and business banking products across multiple branches in Wisconsin.

Positive

• Quarterly cash dividend of $0.20 per share enhances shareholder income.
• Demonstrates company confidence in maintaining dividends.

Negative

• None.

News Market Reaction

+1.59%

1 alert

+1.59% News Effect

On the day this news was published, WSBF gained 1.59%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

WAUWATOSA, Wis., Sept. 27, 2022 (GLOBE NEWSWIRE) -- On September 27, 2022, the Board of Directors of Waterstone Financial, Inc. (NASDAQ: WSBF) declared a regular quarterly cash dividend of $0.20 per common share. The dividend is payable on November 1, 2022, to shareholders of record at the close of business on October 10, 2022.

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

FAQ

What is the dividend amount for Waterstone Financial (WSBF) announced on September 27, 2022?

The dividend amount declared is $0.20 per common share.

When will the dividend for WSBF shareholders be paid?

The dividend is payable on November 1, 2022.

What is the record date for Waterstone Financial's dividend?

The record date is October 10, 2022.

How often does Waterstone Financial (WSBF) pay dividends?

Waterstone Financial pays dividends quarterly.

Is the dividend from Waterstone Financial sustainable?

The current dividend indicates strong financial health, but sustainability should be assessed based on future earnings.