Waterstone Financial Inc. (wsbf) to Issue Quarterly Dividend of $0.08 on November 1st
Waterstone Financial Inc. (NASDAQ:wsbf) announced a quarterly dividend on Tuesday, September 20th. Investors of record on Tuesday, October 11th will be given a dividend of 0.08 per share on Tuesday, November 1st. This represents a $0.32 annualized dividend and a yield of 1.88%. The ex-dividend date is Thursday, October 6th.
Shares of Waterstone Financial (NASDAQ:WSBF) opened at 16.99 on Friday. The company has a 50-day moving average of $16.82 and a 200 day moving average of $15.17. Waterstone Financial has a 12-month low of $13.12 and a 12-month high of $17.16. The firm has a market capitalization of $457.35 million, a PE ratio of 23.21 and a beta of 0.01.
Waterstone Financial (NASDAQ:WSBF) last issued its quarterly earnings data on Friday, July 22nd. The company reported $0.29 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.08. Waterstone Financial had a return on equity of 5.05% and a net margin of 11.59%. On average, analysts predict that Waterstone Financial will post $0.97 EPS for the current year.
Separately, Sandler O’Neill upgraded Waterstone Financial from a “hold” rating to a “buy” rating in a research report on Tuesday, August 2nd.
In related news, COO William F. Bruss sold 54,055 shares of the business’s stock in a transaction that occurred on Thursday, August 25th. The stock was sold at an average price of $16.72, for a total value of $903,799.60. Following the completion of the transaction, the chief operating officer now directly owns 86,972 shares in the company, valued at approximately $1,454,171.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ellen Syburg Bartel bought 2,700 shares of the business’s stock in a transaction on Wednesday, August 31st. The stock was purchased at an average price of $16.84 per share, for a total transaction of $45,468.00. Following the purchase, the director now directly owns 28,000 shares in the company, valued at approximately $471,520. The disclosure for this purchase can be found here. 14.20% of the stock is owned by corporate insiders.
About Waterstone Financial
Waterstone Financial, Inc is the holding company of Waterstone Bank SSB (Waterstone Bank). The Company operates through two segments: community banking and mortgage banking. Waterstone Bank is a community bank. Waterstone Bank also has an active mortgage banking subsidiary, Waterstone Mortgage Corporation.
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