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

Waterstone Financial, Inc. (NASDAQ:WSBF) announced a quarterly dividend on Tuesday, September 24th, Zacks reports. Investors 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 dividend on an annualized basis and a yield of 4.20%. The ex-dividend date is Tuesday, October 8th.

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

Waterstone Financial Trading Down 0.3 %

NASDAQ WSBF opened at $14.30 on Monday. Waterstone Financial has a one year low of $9.62 and a one year high of $16.36. 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 company has a market capitalization of $280.91 million, a price-to-earnings ratio of 27.50 and a beta of 0.63. The company’s 50-day simple moving average is $14.67 and its two-hundred day simple moving average is $13.19.

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

Insider Activity

In related news, Director Michael L. Hansen sold 5,569 shares of the company’s stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $15.00, for a total transaction of $83,535.00. Following the completion of the sale, the director now directly owns 79,872 shares in the company, valued at $1,198,080. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. In related news, Director Michael L. Hansen sold 5,569 shares of the stock in a transaction that occurred on Wednesday, August 28th. The shares were sold at an average price of $15.00, for a total value of $83,535.00. Following the completion of the transaction, the director now directly owns 79,872 shares of the company’s stock, valued at $1,198,080. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Ellen Syburg Bartel sold 2,129 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $15.01, for a total transaction of $31,956.29. Following the transaction, the director now owns 15,000 shares in the company, valued at $225,150. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 30,459 shares of company stock worth $456,448. 8.30% of the stock is currently owned by company insiders.

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.