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 – WSBF
In the trading session that priced this news, WSBF gained 1.59%, 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., 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
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
