Bankwell Financial Group (BWFG) Declares $0.07 Quarterly Dividend; 0.9% Yield

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Go back to Bankwell Financial Group (BWFG) Declares $0.07 Quarterly Dividend; 0.9% Yield

Bankwell Financial Group Reports Record Second Quarter Net Income of $3.8 Million or $0.49 Per Share and Declares Third Quarter Dividend

July 26, 2017 4:30 PM EDT

NEW CANAAN, Conn.--(BUSINESS WIRE)-- Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $3.8 million or $0.49 per share for the second quarter of 2017, versus $2.9 million or $0.38 per share for the same period in 2016.

The Company's Board of Directors declared a $0.07 per share cash dividend, payable August 25, 2017 to shareholders of record on August 15, 2017.

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

Bankwell has sustained steady momentum in all aspects of our business as we achieved a fourth consecutive quarter of record earnings. Loan demand remains robust,... More