Bankwell Financial Group (BWFG) Raises Quarterly Dividend 71.4% to $0.12; 1.4% Yield
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Bankwell Financial Group Reports Record Year-End Operating Results and Declares a 71% Increase to the First Quarter Dividend
January 31, 2018 7:36 PM ESTNEW CANAAN, Conn.--(BUSINESS WIRE)-- Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $2.1 million or $0.27 per share for the fourth quarter of 2017, versus $3.3 million or $0.43 per share for the same period in 2016 and GAAP net income of $13.8 million or $1.78 per share for the year ended 2017, versus $12.4 million or $1.62 per share for the year ended 2016.
The Company's Board of Directors declared a $0.12 per share cash dividend, payable March 8, 2018 to shareholders of record on February 26, 2018, representing a 71% increase when compared to the last quarters dividend.
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