Waterstone Financial (WSBF) Declares $0.15 Quarterly Dividend; 5.4% Yield

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Go back to Waterstone Financial (WSBF) Declares $0.15 Quarterly Dividend; 5.4% Yield

Waterstone Financial Declares Quarterly Cash Dividend

September 26, 2023 4:01 PM EDT

WAUWATOSA, Wis., Sept. 26, 2023 (GLOBE NEWSWIRE) -- Waterstone Financial, Inc. (Waterstone) today announced a strategic decision to reduce its dividend payout as part of a broader initiative to optimize capital allocation. This move is aimed at enhancing shareholder value through stock buybacks, which we believe will generate long-term benefits for both Waterstone and its shareholders. Today the Board of Directors declared a quarterly dividend of $0.15 per common share. The dividend will be payable November 1, 2023, to shareholders of record at the close of business on October 9,... More