Waterstone Financial Raises Quarterly Dividend 13.3% to $0.17 Per Share
Waterstone Financial, Inc. (NASDAQ: WSBF), the holding company for WaterStone Bank, declared a quarterly cash dividend of $0.17 per share, up from $0.15. The payment will be made May 1 to shareholders of record April 8.
Waterstone Financial, Inc. (NASDAQ: WSBF), a community-focused savings and loan holding company operating through its WaterStone Bank subsidiary in southeastern Wisconsin, raised its quarterly cash dividend to $0.17 per common share on March 17, marking a 13.3% increase from the prior quarterly payout of $0.15. Read more dividend announcements.
The dividend will be paid May 1, 2026, to shareholders of record at the close of business on April 8, 2026.
| Dividend Details | Information |
|---|---|
| Amount | $0.17 per share |
| Previous Amount | $0.15 per share |
| Increase | 13.3% |
| Record Date | April 8, 2026 |
| Payment Date | May 1, 2026 |
Chief Executive Officer William Bruss said the dividend increase reflects disciplined execution of the company's business strategy and confidence in Waterstone Financial's future. He added that maintaining a robust dividend payout ratio remains a priority for the company as it seeks to deliver long-term shareholder value and manage capital effectively.
WaterStone Bank, established in 1921, operates 14 branch locations across southeastern Wisconsin and offers personal and business banking products. The bank also owns WaterStone Mortgage Corporation, a national lender licensed in 48 states.