Waterstone Financial Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

On March 15, 2022, the Board of Directors of Waterstone Financial declared a quarterly cash dividend of $0.20 per common share. This dividend is payable on May 3, 2022, to shareholders of record as of April 11, 2022. Waterstone Financial, operating as a savings and loan holding company for WaterStone Bank since 1921, provides a comprehensive range of personal and business banking products. The Bank has multiple branches across Wisconsin and is affiliated with Waterstone Mortgage, which offers lending in 48 states.

Positive

• Declaration of a quarterly cash dividend of $0.20 per share indicates a commitment to returning income to shareholders.
• The scheduled dividend payment for May 3, 2022, enhances shareholder confidence in Waterstone Financial.

Negative

• None.

WAUWATOSA, Wis., March 15, 2022 (GLOBE NEWSWIRE) -- On March 15, 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 May 3, 2022, to shareholders of record at the close of business on April 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 Waterstone Financial?

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

When will Waterstone Financial pay its dividend?

The dividend will be paid on May 3, 2022.

What is the record date for the Waterstone Financial dividend?

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

How long has Waterstone Financial been operating?

Waterstone Financial has been operating since 1921.

In which states does Waterstone Mortgage lend?

Waterstone Mortgage has the capability to lend in 48 states.