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

FS Bancorp, Inc. (NASDAQ:FSBW) announced a quarterly dividend on Tuesday, July 21st. Shareholders of record on Friday, August 7th will be paid 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 payment by an average of 0.3%per year over the last three years and has raised its dividend annually for the last 12 consecutive years. FS Bancorp has a dividend payout ratio of 26.1% meaning its dividend is sufficiently covered by earnings. Equities research 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 NASDAQ FSBW opened at $44.04 on Wednesday. The company has a market capitalization of $238.48 million, a PE ratio of 10.27 and a beta of 0.65. 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’s 50 day moving average price is $41.99 and its 200-day moving average price is $41.14. FS Bancorp has a twelve month low of $36.66 and a twelve month high of $45.85.

FS Bancorp (NASDAQ:FSBW) last posted its quarterly earnings data on Tuesday, July 21st. The bank reported $1.08 earnings per share for the quarter, missing the consensus estimate of $1.13 by ($0.05). The business had revenue of $5.24 million during the quarter, compared to analysts’ expectations of $38.00 million. FS Bancorp had a return on equity of 10.88% and a net margin of 14.91%. On average, equities analysts anticipate that FS Bancorp will post 4.64 EPS for the current year.

FS Bancorp Company Profile

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.