Waterstone Financial, Inc. Announces Quarterly Dividend of $0.15 (NASDAQ:WSBF)

Waterstone Financial, Inc. (NASDAQ:WSBF) declared a quarterly dividend on Tuesday, September 24th, Zacks reports. Stockholders of record on Tuesday, October 8th will be given a dividend of 0.15 per share by the savings and loans company on Friday, November 1st. This represents a $0.60 annualized dividend and a dividend yield of 4.20%. The ex-dividend date of this dividend is Tuesday, October 8th.

Waterstone Financial has increased its dividend by an average of 16.0% per year over the last three years.

Waterstone Financial Trading Down 0.3 %

Waterstone Financial stock opened at $14.30 on Friday. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.39 and a current ratio of 1.57. The stock has a 50-day simple moving average of $14.67 and a 200 day simple moving average of $13.17. The stock has a market capitalization of $280.91 million, a P/E ratio of 27.50 and a beta of 0.63. Waterstone Financial has a 52 week low of $9.62 and a 52 week high of $16.36.

Waterstone Financial (NASDAQ:WSBF) last issued its earnings results on Thursday, July 25th. The savings and loans company reported $0.31 EPS for the quarter. Waterstone Financial had a return on equity of 3.73% and a net margin of 6.14%. The company had revenue of $37.18 million during the quarter.

Insider Buying and Selling at Waterstone Financial

In other news, Director Ellen Syburg Bartel sold 3,565 shares of the firm’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $15.00, for a total transaction of $53,475.00. Following the completion of the sale, the director now owns 15,000 shares in the company, valued at approximately $225,000. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, Director Ellen Syburg Bartel sold 3,565 shares of the stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $15.00, for a total transaction of $53,475.00. Following the transaction, the director now owns 15,000 shares in the company, valued at approximately $225,000. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael L. Hansen sold 5,569 shares of Waterstone Financial stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $15.00, for a total value of $83,535.00. Following the sale, the director now directly owns 79,872 shares of the company’s stock, valued at approximately $1,198,080. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 30,459 shares of company stock worth $456,448 over the last ninety days. Insiders own 8.30% of the company’s stock.

Waterstone Financial Company Profile

Waterstone Financial, Inc operates as a bank holding company for WaterStone Bank SSB that provides various financial services to customers in southeastern Wisconsin, the United States. It operates in two segments, Community Banking and Mortgage Banking. The Community Banking segment offers consumer and business banking products and services, such as deposit and transactional solutions, including checking accounts, online banking and bill pay services, money transfer services, as well as credit, debit, and pre-paid cards; investable funds solutions comprising savings, money market deposits, individual retirement accounts, and certificates of deposit; residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit; and fixed and variable annuities, insurance products, and trust and investment management accounts.