Waterstone Financial, Inc. to Issue Quarterly Dividend of $0.17 (NASDAQ:WSBF)

Waterstone Financial, Inc. (NASDAQ:WSBF) declared a quarterly dividend on Tuesday, June 23rd. Stockholders of record on Wednesday, July 8th will be given a dividend of 0.17 per share by the savings and loans company on Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Wednesday, July 8th.

Waterstone Financial has decreased its dividend payment by an average of 0.1%annually over the last three years.

Waterstone Financial Trading Up 1.8%

WSBF opened at $19.48 on Wednesday. The company’s 50 day moving average is $18.54 and its 200-day moving average is $17.91. Waterstone Financial has a 1-year low of $13.08 and a 1-year high of $19.76. The company has a current ratio of 1.29, a quick ratio of 1.19 and a debt-to-equity ratio of 1.19. The company has a market cap of $351.61 million, a P/E ratio of 11.73 and a beta of 0.74.

Waterstone Financial (NASDAQ:WSBF) last announced its quarterly earnings results on Thursday, April 23rd. The savings and loans company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.32). The company had revenue of $35.69 million for the quarter, compared to the consensus estimate of $65.80 million. Waterstone Financial had a net margin of 14.28% and a return on equity of 8.48%.

About Waterstone Financial

Waterstone Financial, Inc is a bank holding company based in Glendale, Wisconsin, that provides a broad range of financial services to individuals, businesses and institutions. Its primary operations are conducted through its wholly owned subsidiary, Waterstone Bank, which offers deposit products, loan facilities and treasury management services. The company focuses on delivering relationship-based banking solutions tailored to the needs of small and medium-sized enterprises as well as retail customers.

In addition to traditional commercial and consumer banking, Waterstone Financial supports its clients with specialized financing, including real estate, equipment and asset-based lending.