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

Waterstone Financial, Inc. (NASDAQ:WSBF) declared a quarterly dividend on Thursday, December 19th,Wall Street Journal reports. Shareholders of record on Wednesday, January 8th will be given a dividend of 0.15 per share by the savings and loans company on Monday, February 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 4.60%. The ex-dividend date is Wednesday, January 8th.

Waterstone Financial has decreased its dividend by an average of 9.1% annually over the last three years.

Waterstone Financial Trading Down 0.4 %

NASDAQ WSBF opened at $13.05 on Monday. The stock has a market cap of $252.82 million, a P/E ratio of 17.88 and a beta of 0.65. The company’s fifty day simple moving average is $14.72 and its 200-day simple moving average is $14.43. The company has a current ratio of 1.48, a quick ratio of 1.36 and a debt-to-equity ratio of 1.64. Waterstone Financial has a 52 week low of $10.60 and a 52 week high of $16.86.

Insiders Place Their Bets

In other news, Director Stephen J. Schmidt sold 7,280 shares of the business’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $15.34, for a total value of $111,675.20. Following the completion of the sale, the director now owns 70,078 shares of the company’s stock, valued at approximately $1,074,996.52. The trade was a 9.41 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 17,544 shares of company stock worth $274,113 in the last three months. 8.30% of the stock is owned by insiders.

About Waterstone Financial

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.