Waterstone Financial Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

Waterstone Financial, Inc. (NASDAQ: WSBF) announced a quarterly cash dividend of $0.20 per common share on June 23, 2022. The dividend is set to be paid on August 2, 2022 to shareholders recorded by the close of business on July 11, 2022. Waterstone Financial serves as the savings and loan holding company for WaterStone Bank, which offers a wide range of banking products across multiple branches in Wisconsin. Established in 1921, the bank also operates Waterstone Mortgage, lending in 48 states.

Positive

• Quarterly cash dividend of $0.20 per share announced.
• Confidence in financial stability demonstrated by regular dividend payment.

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• None.

WAUWATOSA, Wis., June 23, 2022 (GLOBE NEWSWIRE) -- On June 23, 2022, the Board of Directors of Waterstone Financial, Inc. (NASDAQ: WSBF) declared a regular quarterly cash dividend of $0.20 per common share. The dividend is payable on August 2, 2022, to shareholders of record at the close of business on July 11, 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 is the dividend amount declared by WSBF?

The dividend amount declared by Waterstone Financial is $0.20 per common share.

When will the WSBF dividend be payable?

The dividend will be payable on August 2, 2022.

What is the record date for the WSBF dividend?

The record date for the dividend is July 11, 2022.

How often does Waterstone Financial pay dividends?

Waterstone Financial typically pays dividends quarterly.

Is the dividend from WSBF sustainable?

The sustainability of the dividend can be assessed based on the company's financial performance, which appears stable.