Waterstone Financial Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

On June 15, 2021, the Board of Directors of Waterstone Financial declared a quarterly dividend of $0.20 per common share. This dividend is payable on August 3, 2021, to shareholders of record by the close of business on July 12, 2021. Waterstone Financial operates WaterStone Bank, established in 1921, which provides a wide range of banking products across multiple branches in Wisconsin. They also own Waterstone Mortgage, which offers lending services in 48 states.

Positive

• Quarterly dividend declaration of $0.20 per share boosts income for shareholders.
• Company stability indicated by consistent dividend payments.

Negative

• None.

WAUWATOSA, Wis., June 15, 2021 (GLOBE NEWSWIRE) -- On June 15, 2021, the Board of Directors of Waterstone Financial, Inc. (NASDAQ: WSBF) declared a regular quarterly dividend of $0.20 per common share, payable on August 3, 2021, to shareholders of record at the close of business on July 12, 2021.

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/27th 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?

Waterstone Financial declared a dividend of $0.20 per common share.

When will the WSBF dividend be paid?

The dividend will be paid on August 3, 2021.

What is the record date for WSBF's dividend?

The record date for the dividend is July 12, 2021.

Is the dividend from WSBF sustainable?

The sustainability of the dividend can be analyzed through the company's financial performance and cash reserves, but the PR does not provide specific details.