FS Bancorp, Inc. Plans Quarterly Dividend of $0.29 (NASDAQ:FSBW)

FS Bancorp, Inc. (NASDAQ:FSBWGet Free Report) declared a quarterly dividend on Tuesday, July 21st. Investors of record on Friday, August 7th will be given a dividend of 0.29 per share by the bank on Friday, August 21st. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Friday, August 7th.

FS Bancorp has increased its dividend by an average of 0.3%per year over the last three years and has raised its dividend every year for the last 12 years. FS Bancorp has a dividend payout ratio of 26.1% meaning its dividend is sufficiently covered by earnings. Analysts expect FS Bancorp to earn $5.20 per share next year, which means the company should continue to be able to cover its $1.16 annual dividend with an expected future payout ratio of 22.3%.

FS Bancorp Price Performance

Shares of FS Bancorp stock opened at $44.04 on Wednesday. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $238.48 million, a price-to-earnings ratio of 10.27 and a beta of 0.65. FS Bancorp has a twelve month low of $36.66 and a twelve month high of $45.85. The company has a 50-day simple moving average of $41.99 and a two-hundred day simple moving average of $41.14.

FS Bancorp (NASDAQ:FSBWGet Free Report) last announced its earnings results on Tuesday, July 21st. The bank reported $1.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.13 by ($0.05). FS Bancorp had a return on equity of 10.88% and a net margin of 14.91%.The business had revenue of $5.24 million for the quarter, compared to analyst estimates of $38.00 million. Analysts forecast that FS Bancorp will post 4.64 EPS for the current year.

FS Bancorp Company Profile

(Get Free Report)

FS Bancorp, Inc (NASDAQ: FSBW) is a bank holding company headquartered in Illinois that provides community banking services in the Midwestern United States. Through its wholly owned banking subsidiary, the company offers a full suite of deposit products, including checking and savings accounts, money market instruments, certificates of deposit and online banking platforms.

On the lending side, FS Bancorp extends commercial and industrial loans, residential mortgage financing, consumer credit and agricultural lending.

See Also

Dividend History for FS Bancorp (NASDAQ:FSBW)

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