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

Waterstone Financial, Inc. (NASDAQ:WSBF) declared a quarterly dividend on Thursday, December 19th,Wall Street Journal reports. Stockholders of record on Wednesday, January 8th will be given a dividend of 0.15 per share by the savings and loans company on Monday, February 3rd. This represents a $0.60 annualized dividend and a dividend yield of 4.60%. The ex-dividend date of this dividend is Wednesday, January 8th.

Waterstone Financial has decreased its dividend by an average of 9.1% annually over the last three years.

Waterstone Financial Stock Performance

NASDAQ:WSBF opened at $13.05 on Monday. The company has a fifty day simple moving average of $14.72 and a two-hundred day simple moving average of $14.43. The company has a market cap of $252.82 million, a price-to-earnings ratio of 17.88 and a beta of 0.65. Waterstone Financial has a 52 week low of $10.60 and a 52 week high of $16.86. The company has a quick ratio of 1.36, a current ratio of 1.48 and a debt-to-equity ratio of 1.64.

Insiders Place Their Bets

In other Waterstone Financial news, Director Stephen J. Schmidt sold 2,194 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $15.78, for a total value of $34,621.32. Following the completion of the transaction, the director now owns 70,078 shares in the company, valued at $1,105,830.84. This represents a 3.04 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders sold 17,544 shares of company stock worth $274,113 in the last 90 days. Corporate insiders own 8.30% of the company’s stock.

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 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.