Waterstone Financial Declares Regular Quarterly and Special Cash Dividends

Rhea-AI Summary

On December 15, 2021, Waterstone Financial, Inc. (NASDAQ: WSBF) announced a quarterly cash dividend of $0.20 per share and a special cash dividend of $0.50 per share. Both dividends are scheduled for payment on February 1, 2022, to shareholders on record by the close of business on January 10, 2022.

Waterstone Financial serves as the savings and loan holding company for WaterStone Bank, which has been operating since 1921, providing a variety of banking products across several branches in Wisconsin.

Positive

• Declaration of a regular quarterly cash dividend of $0.20 per share.
• Announcement of a special cash dividend of $0.50 per share, reflecting strong financial health.

Negative

• None.

WAUWATOSA, Wis., Dec. 15, 2021 (GLOBE NEWSWIRE) -- On December 15, 2021 the Board of Directors of Waterstone Financial, Inc. (NASDAQ: WSBF) declared both a regular quarterly cash dividend of $0.20 per common share, as well as a special cash dividend of $0.50 per common share. The dividends are payable on February 1, 2022, to shareholders of record at the close of business on January 10, 2022.

About Waterstone Financial, Inc.
Waterstone Financial, Inc. is the savings and loan holding company for WaterStone Bank. WaterStone Bank was established in 1921 and offers a full suite of personal and business banking products. The Bank has branches in Wauwatosa/State St, Brookfield, Fox Point/North Shore, Franklin/Hales Corners, Germantown/Menomonee Falls, Greenfield/Loomis Rd, Milwaukee/Oklahoma Ave, Oak Creek/27^th St, Oak Creek/Howell Ave, Oconomowoc/Lake Country, Pewaukee, Waukesha, West Allis/Greenfield Ave, and West Allis/National Ave, Wisconsin. WaterStone Bank is the parent company to Waterstone Mortgage, which has the ability to lend in 48 states. For more information about WaterStone Bank, go to http://www.wsbonline.com. 

Contact: Mark R. Gerke
Chief Financial Officer
414-459-4012
markgerke@wsbonline.com

FAQ

What are the dividend details for WSBF in 2022?

Waterstone Financial declared a regular cash dividend of $0.20 and a special cash dividend of $0.50, both payable on February 1, 2022.

When is the record date for WSBF dividends?

The record date for the WSBF dividends is January 10, 2022.

How often does WSBF pay dividends?

Waterstone Financial typically pays dividends quarterly, alongside special dividends as announced.

What is the significance of the special dividend for WSBF shareholders?

The special dividend of $0.50 reflects the company's strong financial position and commitment to returning value to shareholders.