Waterstone Financial, Inc. announced a quarterly dividend increase of 13.3%, reflecting confidence in future growth.
Quiver AI Summary
Waterstone Financial, Inc. has announced a regular quarterly cash dividend of $0.17 per common share, marking a 13.3% increase over the previous dividend. CEO William Bruss emphasized this increase as a reflection of the company's strong business strategy and commitment to providing long-term value to shareholders through effective capital management. The new dividend is set to be paid on May 1, 2026, to shareholders on record as of April 8, 2026. Waterstone Financial serves as the holding company for WaterStone Bank, which offers a variety of banking products and operates 14 branches in southeastern Wisconsin, while also overseeing WaterStone Mortgage Corporation, a national lender.
Potential Positives
- The declaration of a quarterly cash dividend of $0.17 per share demonstrates the company's strong financial performance and commitment to returning value to shareholders.
- The 13.3% increase in the dividend compared to the previous quarter indicates growth and strength in the company's business strategy.
- This announcement reflects the company’s confidence in its future prospects, showcasing effective management and a disciplined approach to capital allocation.
- The upcoming dividend payment on May 1, 2026, rewards shareholders and encourages investment confidence in Waterstone Financial, Inc.
Potential Negatives
- The announcement of a dividend increase may imply that the company is prioritizing shareholder returns over reinvesting profits into the business, which could impact long-term growth.
- While the dividend increase signals confidence, it could raise concerns among investors about the sustainability of this payout in the event of future economic downturns or company performance challenges.
FAQ
What is the new cash dividend for Waterstone Financial, Inc.?
Waterstone Financial, Inc. declared a quarterly cash dividend of $0.17 per common share, a 13.3% increase.
When is the dividend payment date for shareholders?
The dividend is payable on May 1, 2026, to shareholders of record at the close of business on April 8, 2026.
Who is the CEO of Waterstone Financial, Inc.?
William Bruss is the Chief Executive Officer of Waterstone Financial, Inc.
What is the focus of WaterStone Bank?
WaterStone Bank is a community-focused financial institution offering personal and business banking products.
How long has Waterstone Financial been established?
Waterstone Financial, Inc. was established in 1921, making it a long-standing institution in the financial sector.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$WSBF Insider Trading Activity
$WSBF insiders have traded $WSBF stock on the open market 10 times in the past 6 months. Of those trades, 0 have been purchases and 10 have been sales.
Here’s a breakdown of recent trading of $WSBF stock by insiders over the last 6 months:
- MICHAEL L HANSEN has made 0 purchases and 2 sales selling 81,413 shares for an estimated $1,234,221.
- PATRICK S LAWTON has made 0 purchases and 2 sales selling 49,255 shares for an estimated $914,813.
- DOUGLAS S GORDON has made 0 purchases and 4 sales selling 43,361 shares for an estimated $795,551.
- JULIE ANN GLYNN (EVP/Chief Retail Officer) has made 0 purchases and 2 sales selling 20,929 shares for an estimated $380,773.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$WSBF Hedge Fund Activity
We have seen 51 institutional investors add shares of $WSBF stock to their portfolio, and 58 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DONALD SMITH & CO., INC. added 127,770 shares (+inf%) to their portfolio in Q4 2025, for an estimated $2,114,593
- FOURTHSTONE LLC added 71,143 shares (+55.3%) to their portfolio in Q4 2025, for an estimated $1,177,416
- CITADEL ADVISORS LLC removed 53,933 shares (-83.1%) from their portfolio in Q4 2025, for an estimated $892,591
- BRIDGEWAY CAPITAL MANAGEMENT, LLC removed 46,142 shares (-18.8%) from their portfolio in Q4 2025, for an estimated $763,650
- BLACKROCK, INC. removed 44,103 shares (-2.8%) from their portfolio in Q4 2025, for an estimated $729,904
- AQR CAPITAL MANAGEMENT LLC added 35,828 shares (+21.6%) to their portfolio in Q4 2025, for an estimated $592,953
- RENAISSANCE TECHNOLOGIES LLC removed 34,400 shares (-3.0%) from their portfolio in Q4 2025, for an estimated $569,320
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
WAUWATOSA, Wis., March 17, 2026 (GLOBE NEWSWIRE) -- On March 17, 2026, the Board of Directors of Waterstone Financial, Inc. (NASDAQ: WSBF) declared a regular quarterly cash dividend of $0.17 per common share, a 13.3% increase compared to the prior quarterly dividend.
“Today's announcement of a dividend increase underscores our disciplined execution of the Company’s business strategy and reflects our confidence in Waterstone Financial’s future,” said William Bruss, Chief Executive Officer of Waterstone Financial, Inc. “Maintaining a robust dividend payout ratio remains a priority for us, affirming our commitment to delivering long-term value to our shareholders and effective management of our capital.”
The dividend increase is effective with the dividend payable on May 1, 2026, to shareholders of record at the close of business on April 8, 2026.
About Waterstone Financial, Inc:
Waterstone Financial, Inc. is the savings and loan holding company for WaterStone Bank, a community-focused financial institution established in 1921. WaterStone Bank offers a comprehensive suite of personal and business banking products and operates 14 branch locations across southeastern Wisconsin. WaterStone Bank is also the parent company of WaterStone Mortgage Corporation, a national lender licensed in 48 states.
With a long-standing commitment to innovation, integrity, and community service, Waterstone Financial, Inc. supports the financial and homeownership goals of customers nationwide.
For more information about WaterStone Bank, visit wsbonline.com.
Contact:
Mark R. Gerke
Chief Financial Officer
414.459.4012
[email protected]
