Waterstone Financial Raises Quarterly Cash Dividend by 13.3%

Rhea-AI Summary

Waterstone Financial (NASDAQ: WSBF) announced a 13.3% increase in its regular quarterly cash dividend to $0.17 per common share, declared March 17, 2026. The dividend is payable on May 1, 2026 to shareholders of record at the close of business on April 8, 2026.

The board said the increase reflects disciplined execution of the company’s strategy and a continued focus on maintaining a robust dividend payout ratio and long-term shareholder value.

Positive

• Quarterly dividend raised 13.3% to $0.17 per share
• Payable on May 1, 2026 with record date April 8, 2026

Negative

• Higher cash payout could constrain near-term capital availability

WAUWATOSA, Wis., March 17, 2026 (GLOBE NEWSWIRE) -- On March 17, 2026, the Board of Directors of Waterstone Financial, Inc. (NASDAQ: WSBF) declared a regular quarterly cash dividend of $0.17 per common share, a 13.3% increase compared to the prior quarterly dividend.

“Today's announcement of a dividend increase underscores our disciplined execution of the Company’s business strategy and reflects our confidence in Waterstone Financial’s future,” said William Bruss, Chief Executive Officer of Waterstone Financial, Inc. “Maintaining a robust dividend payout ratio remains a priority for us, affirming our commitment to delivering long-term value to our shareholders and effective management of our capital.”

The dividend increase is effective with the dividend payable on May 1, 2026, to shareholders of record at the close of business on April 8, 2026.

About Waterstone Financial, Inc:
Waterstone Financial, Inc. is the savings and loan holding company for WaterStone Bank, a community-focused financial institution established in 1921. WaterStone Bank offers a comprehensive suite of personal and business banking products and operates 14 branch locations across southeastern Wisconsin. WaterStone Bank is also the parent company of WaterStone Mortgage Corporation, a national lender licensed in 48 states.

With a long-standing commitment to innovation, integrity, and community service, Waterstone Financial, Inc. supports the financial and homeownership goals of customers nationwide.

For more information about WaterStone Bank, visit wsbonline.com.

Contact:
Mark R. Gerke
Chief Financial Officer
414.459.4012
markgerke@wsbonline.com

FAQ

What dividend did Waterstone Financial (WSBF) declare on March 17, 2026?

Waterstone Financial declared a quarterly cash dividend of $0.17 per share, a 13.3% increase versus the prior quarter. According to Waterstone Financial, the dividend increase demonstrates confidence in the company's financial position and capital management.

When is the WSBF dividend payable and what is the record date?

The dividend is payable on May 1, 2026, with the record date at close of business on April 8, 2026. According to Waterstone Financial, shareholders of record on April 8 will be eligible for the May 1 payment.

How much did Waterstone Financial increase its dividend by and what does that mean for shareholders?

The dividend was increased by 13.3% to $0.17 per share, meaning eligible shareholders will receive higher cash distributions. According to Waterstone Financial, the increase reflects disciplined execution and a priority on sustaining a robust payout ratio.

Who is eligible to receive the WSBF dividend declared March 17, 2026?

Shareholders of record at the close of business on April 8, 2026 are eligible to receive the dividend payable May 1. According to Waterstone Financial, only holders on the April 8 record date will be paid the increased quarterly dividend.

Does the WSBF dividend increase signal a change in company strategy or capital policy?

The board framed the increase as reinforcement of existing capital priorities and confidence in future performance. According to Waterstone Financial, maintaining a robust dividend payout ratio remains a priority in the company’s capital management approach.