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

Waterstone Financial, Inc. (NASDAQ:WSBF) declared a quarterly dividend on Tuesday, September 22nd. Shareholders of record on Thursday, October 8th will be given a dividend of 0.17 per share by the savings and loans company on Monday, November 2nd. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Thursday, October 8th.

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

Waterstone Financial Price Performance

Shares of Waterstone Financial stock opened at $20.58 on Wednesday. Waterstone Financial has a 1 year low of $14.52 and a 1 year high of $21.66. The company has a market capitalization of $369.96 million, a P/E ratio of 11.96 and a beta of 0.71. The business has a 50-day moving average of $20.77 and a two-hundred day moving average of $19.39.

Waterstone Financial (NASDAQ:WSBF) last posted its earnings results on Thursday, July 23rd. The savings and loans company reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.17). Waterstone Financial had a return on equity of 8.64% and a net margin of 14.57%.The business had revenue of $40.25 million for the quarter, compared to the consensus estimate of $65.80 million.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Wall Street Zen lowered shares of Waterstone Financial from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Weiss Ratings reissued a “buy (b)” rating on shares of Waterstone Financial in a research note on Wednesday, August 26th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

About Waterstone Financial

Waterstone Financial, Inc (NASDAQ: WSBF) is a bank holding company headquartered in Wauwatosa, Wisconsin. Its principal subsidiary, WaterStone Bank, is a community-focused financial institution serving individuals, families and businesses in southeastern Wisconsin.

WaterStone Bank provides a range of banking products and services, including checking and savings accounts, certificates of deposit, consumer loans, residential mortgage lending, home equity financing, commercial real estate loans, construction financing and commercial business loans.