Bankwell Financial Group Inc (BWFG) Raises Dividend to $0.07 Per Share
Bankwell Financial Group Inc (NASDAQ:BWFG) declared a quarterly dividend on Thursday, October 27th. Shareholders of record on Friday, November 18th will be paid a dividend of 0.07 per share on Monday, November 28th. This represents a $0.28 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date is Wednesday, November 16th. This is a positive change from Bankwell Financial Group’s previous quarterly dividend of $0.05.
Bankwell Financial Group (NASDAQ:BWFG) opened at 25.93 on Friday. Bankwell Financial Group has a 52 week low of $18.48 and a 52 week high of $25.96. The firm has a 50-day moving average price of $24.14 and a 200-day moving average price of $22.52. The stock has a market cap of $191.91 million and a P/E ratio of 16.96.
About Bankwell Financial Group
Bankwell Financial Group, Inc is a bank holding company. The Company offers a range of financial services through its banking subsidiary, Bankwell Bank (the Bank). The Bank is a Connecticut state non-member bank. The Bank provides a range of banking services to commercial and consumer customers, concentrated in the Fairfield and New Haven Counties region of Connecticut.
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