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

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 paid a dividend of 0.15 per share by the savings and loans company on Monday, February 3rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.60%. The ex-dividend date is Wednesday, January 8th.

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

Waterstone Financial Trading Down 0.4 %

Shares of Waterstone Financial stock opened at $13.05 on Monday. Waterstone Financial has a 12-month low of $10.60 and a 12-month high of $16.86. The stock has a market cap of $252.82 million, a PE ratio of 17.88 and a beta of 0.65. The company has a 50-day moving average of $14.72 and a two-hundred day moving average of $14.43. The company has a current ratio of 1.48, a quick ratio of 1.36 and a debt-to-equity ratio of 1.64.

Insider Buying and Selling

In related 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 transaction of $34,621.32. Following the completion of the sale, the director now directly owns 70,078 shares of the company’s stock, valued at approximately $1,105,830.84. This represents a 3.04 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders have sold 17,544 shares of company stock valued at $274,113. 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.