Waterstone Financial, Inc. (WSBF) to Issue Quarterly Dividend of $0.17 on August 3rd

Waterstone Financial, Inc. (NASDAQ:WSBFGet Free Report) announced a quarterly dividend on Tuesday, June 23rd. Shareholders 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 yield of 3.4%. The ex-dividend date of this dividend is Wednesday, July 8th.

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

Waterstone Financial Stock Performance

Shares of WSBF opened at $19.78 on Thursday. The firm has a market cap of $357.03 million, a price-to-earnings ratio of 11.92 and a beta of 0.74. The company’s fifty day moving average is $18.57 and its 200-day moving average is $17.93. The company has a quick ratio of 1.19, a current ratio of 1.29 and a debt-to-equity ratio of 1.19. Waterstone Financial has a 12 month low of $13.08 and a 12 month high of $19.89.

Waterstone Financial (NASDAQ:WSBFGet Free Report) last released its quarterly earnings data 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 business had revenue of $35.69 million during the quarter, compared to analyst estimates of $65.80 million. Waterstone Financial had a net margin of 14.28% and a return on equity of 8.48%.

Wall Street Analysts Forecast Growth

WSBF has been the subject of several recent analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Waterstone Financial in a research note on Friday, May 29th. Wall Street Zen downgraded Waterstone Financial from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.

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About Waterstone Financial

(Get Free Report)

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.

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Dividend History for Waterstone Financial (NASDAQ:WSBF)

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