Westfield Financial (WFD) Declares $0.03 Quarterly Dividend; 1.5% Yield
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Westfield Financial, Inc. Reports Results for the Quarter Ended June 30, 2016 and Declares Quarterly Dividend
July 27, 2016 9:26 AM EDTStrong Loan Growth Results in Continued Improvement in Balance Sheet Composition
WESTFIELD, Mass.--(BUSINESS WIRE)-- Westfield Financial, Inc. (the Company or Westfield) (NasdaqGS: WFD), the holding company for Westfield Bank (the Bank), reported net income of $389,000, or $0.02 per basic and diluted share, for the quarter ended June 30, 2016, compared to $1.4 million, or $0.08 per basic and diluted share, for the quarter ended June 30, 2015. For the six months ended June 30, 2016, net income was $2.4 million, or $0.14 per basic and diluted share, compared to $2.7 million, or $0.15 per basic and diluted share, for the same period in 2015.
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