Waterstone Financial, Inc. (NASDAQ:WSBF) declared a quarterly dividend on Tuesday, March 26th, Wall Street Journal reports. Stockholders of record on Friday, April 12th will be given a dividend of 0.12 per share by the savings and loans company on Friday, May 3rd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.96%. The ex-dividend date is Thursday, April 11th.

Waterstone Financial has increased its dividend payment by an average of 33.9% per year over the last three years.

WSBF stock opened at $16.24 on Wednesday. The firm has a market capitalization of $459.27 million, a PE ratio of 14.75 and a beta of 0.08. Waterstone Financial has a 1 year low of $15.20 and a 1 year high of $18.10. The company has a current ratio of 1.53, a quick ratio of 1.40 and a debt-to-equity ratio of 1.09.

Waterstone Financial (NASDAQ:WSBF) last released its quarterly earnings results on Wednesday, January 30th. The savings and loans company reported $0.21 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.24 by ($0.03). The firm had revenue of $39.10 million during the quarter. Waterstone Financial had a return on equity of 7.66% and a net margin of 16.03%.

Separately, BidaskClub upgraded Waterstone Financial from a “hold” rating to a “buy” rating in a research note on Tuesday, December 25th.

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About Waterstone Financial

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 through 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, and money transfer services, as well as credit, debit, and pre-paid cards; investable funds solutions comprising savings, money market deposit, and individual retirement accounts, as well as certificates of deposit; lending solutions consisting of 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, and insurance products, as well as trust and investment management accounts.

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Dividend History for Waterstone Financial (NASDAQ:WSBF)

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