Waterstone Financial, Inc. (NASDAQ:WSBF) Declares Quarterly Dividend of $0.17

Waterstone Financial, Inc. (NASDAQ:WSBF) declared a quarterly dividend on Tuesday, March 17th. Investors of record on Wednesday, April 8th will be given a dividend of 0.17 per share by the savings and loans company on Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Wednesday, April 8th. This is a 13.3% increase from Waterstone Financial’s previous quarterly dividend of $0.15.

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

Waterstone Financial Stock Performance

Shares of WSBF stock opened at $17.77 on Wednesday. The stock’s 50-day moving average price is $17.78 and its 200 day moving average price is $16.38. The company has a quick ratio of 1.20, a current ratio of 1.30 and a debt-to-equity ratio of 1.18. The stock has a market capitalization of $326.26 million, a PE ratio of 11.93 and a beta of 0.81. Waterstone Financial has a 52-week low of $11.61 and a 52-week high of $18.88.

Waterstone Financial (NASDAQ:WSBF) last posted its quarterly earnings data on Wednesday, January 28th. The savings and loans company reported $0.44 earnings per share for the quarter. Waterstone Financial had a return on equity of 7.67% and a net margin of 13.12%.The company had revenue of $37.17 million during the quarter.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Waterstone Financial in a report on Monday, December 29th. Wall Street Zen raised shares of Waterstone Financial from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Waterstone Financial presently has an average rating of “Buy”.

Waterstone Financial Company Profile

Waterstone Financial, Inc is a bank holding company based in Glendale, Wisconsin, that provides a broad range of financial services to individuals, businesses and institutions. Its primary operations are conducted through its wholly owned subsidiary, Waterstone Bank, which offers deposit products, loan facilities and treasury management services. The company focuses on delivering relationship-based banking solutions tailored to the needs of small and medium-sized enterprises as well as retail customers.

In addition to traditional commercial and consumer banking, Waterstone Financial supports its clients with specialized financing, including real estate, equipment and asset-based lending.