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

Waterstone Financial, Inc. (NASDAQ:WSBF) announced a quarterly dividend on Thursday, December 18th. Stockholders of record on Thursday, January 8th will be given a dividend of 0.15 per share by the savings and loans company on Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Thursday, January 8th.

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

Waterstone Financial Price Performance

WSBF opened at $17.18 on Friday. The stock has a market capitalization of $317.14 million, a PE ratio of 12.92 and a beta of 0.82. Waterstone Financial has a 12-month low of $11.61 and a 12-month high of $17.24. The firm’s fifty day moving average price is $15.62 and its 200 day moving average price is $14.70.

Waterstone Financial (NASDAQ:WSBF) last issued its earnings results on Thursday, October 23rd. The savings and loans company reported $0.45 earnings per share (EPS) for the quarter. The business had revenue of $37.04 million for the quarter. Waterstone Financial had a net margin of 12.08% and a return on equity of 6.99%.

Analyst Ratings Changes

WSBF has been the topic of a number of research analyst reports. Wall Street Zen downgraded Waterstone Financial from a “buy” rating to a “hold” rating in a report on Sunday, December 14th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Waterstone Financial in a report on Monday. One analyst has rated the stock with a Buy rating, According to MarketBeat, Waterstone Financial currently has a consensus rating of “Buy”.

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.