Waterstone Financial, Inc. (NASDAQ:WSBF) to Issue Quarterly Dividend of $0.15

Waterstone Financial, Inc. (NASDAQ:WSBF) announced a quarterly dividend on Tuesday, September 24th, Zacks reports. Shareholders of record on Tuesday, October 8th will be paid a dividend of 0.15 per share by the savings and loans company on Friday, November 1st. This represents a $0.60 dividend on an annualized basis and a yield of 4.20%. The ex-dividend date of this dividend is Tuesday, October 8th.

Waterstone Financial has raised its dividend by an average of 16.0% per year over the last three years.

Waterstone Financial Price Performance

Shares of Waterstone Financial stock opened at $14.30 on Monday. The stock has a market cap of $280.91 million, a price-to-earnings ratio of 27.50 and a beta of 0.63. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.39 and a current ratio of 1.57. The stock has a 50 day moving average price of $14.67 and a 200-day moving average price of $13.19. Waterstone Financial has a one year low of $9.62 and a one year high of $16.36.

Waterstone Financial (NASDAQ:WSBF) last posted its quarterly earnings data on Thursday, July 25th. The savings and loans company reported $0.31 EPS for the quarter. Waterstone Financial had a net margin of 6.14% and a return on equity of 3.73%. The company had revenue of $37.18 million during the quarter.

Insider Activity at Waterstone Financial

In other Waterstone Financial news, Director Michael L. Hansen sold 5,569 shares of the firm’s stock in a transaction dated Wednesday, August 28th. The shares were sold at an average price of $15.00, for a total value of $83,535.00. Following the completion of the sale, the director now owns 79,872 shares of the company’s stock, valued at $1,198,080. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other Waterstone Financial news, Director Michael L. Hansen sold 5,569 shares of the stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $15.00, for a total value of $83,535.00. Following the sale, the director now owns 79,872 shares in the company, valued at $1,198,080. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Ellen Syburg Bartel sold 4,166 shares of Waterstone Financial stock in a transaction on Friday, September 13th. The stock was sold at an average price of $14.89, for a total value of $62,031.74. Following the sale, the director now owns 15,000 shares of the company’s stock, valued at approximately $223,350. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 30,459 shares of company stock worth $456,448. Insiders own 8.30% of the company’s stock.

Waterstone Financial Company Profile

Waterstone Financial, Inc operates as a bank holding company for WaterStone Bank SSB that provides various financial services to customers in southeastern Wisconsin, the United States. It operates in two segments, Community Banking and Mortgage Banking. The Community Banking segment offers consumer and business banking products and services, such as deposit and transactional solutions, including checking accounts, online banking and bill pay services, money transfer services, as well as credit, debit, and pre-paid cards; investable funds solutions comprising savings, money market deposits, individual retirement accounts, and certificates of deposit; residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit; and fixed and variable annuities, insurance products, and trust and investment management accounts.