Bankwell Financial Group (BWFG) Declares $0.12 Quarterly Dividend; 1.6% Yield

Bankwell Financial Group (NASDAQ: BWFG) declared a quarterly dividend of $0.12 per share, or $0.48 annualized.

The dividend will be payable on November 26, 2018, to stockholders of record on November 16, 2018, with an ex-dividend date of November 15, 2018.

The annual yield on the dividend is 1.6 percent.

Notes Bankwell Financial Group President and CEO, Christopher R. Gruseke:

“Thanks to the Bankwell team for another strong performance. Our third quarter ROAA and ROATCE were 1.04% and 11.32%, respectively. Loan growth for the third quarter was somewhat muted by payoffs and pre-payments, still, loans have grown year-to-date at an annualized rate of approximately 6%. We look forward to a solid finish to the year.”

For a dividend history and other dividend-related data on Bankwell Financial Group (BWFG) click here.

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