Waterstone Financial, Inc. (WSBF) to Issue Quarterly Dividend of $0.15 on February 3rd

Waterstone Financial, Inc. (NASDAQ:WSBF) announced a quarterly dividend on Thursday, December 19th,Wall Street Journal reports. Investors 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 payment by an average of 9.1% annually over the last three years.

Waterstone Financial Price Performance

NASDAQ:WSBF opened at $13.05 on Monday. The firm has a market cap of $252.82 million, a price-to-earnings ratio of 17.88 and a beta of 0.65. The firm’s fifty day moving average is $14.72 and its two-hundred day moving average is $14.43. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.36 and a current ratio of 1.48. Waterstone Financial has a one year low of $10.60 and a one year high of $16.86.

Insider Buying and Selling

In other Waterstone Financial news, Director Stephen J. Schmidt sold 2,687 shares of the stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $15.80, for a total transaction of $42,454.60. Following the completion of the transaction, the director now owns 70,078 shares of the company’s stock, valued at $1,107,232.40. This represents a 3.69 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last quarter, insiders sold 17,544 shares of company stock valued at $274,113. 8.30% of the stock is owned by corporate 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.