Bankwell Financial Group (BWFG) Declares $0.13 Quarterly Dividend; 1.7% Yield

Go back to Bankwell Financial Group (BWFG) Declares $0.13 Quarterly Dividend; 1.7% Yield

Bankwell Financial Group Reports Record Quarterly Net Income of $5.1 Million or $0.65 Per Share for the First Quarter and Declares Second Quarter Dividend

April 24, 2019 4:23 PM EDT

NEW CANAAN, Conn.--(BUSINESS WIRE)-- Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $5.1 million or $0.65 per share for the first quarter of 2019, versus $4.6 million or $0.59 per share for the same period in 2018.

The Company's Board of Directors declared a $0.13 per share cash dividend, payable May 24, 2019 to shareholders of record on May 14, 2019.

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

"Im happy to announce a strong start to 2019. With another quarter of loan originations in excess of $90 million, our team has managed to excel without succumbing to a... More