Waterstone Financial's last quarterly dividend of $0.2 per share was on Oct 6, 2022 (ex-date). The annualized dividend payment of $0.8 per share represents a current dividend yield of 4.78%.
Waterstone Financial's dividend yield of 4.78% is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.73%, Waterstone Financial's dividend yield is 75% higher. The current dividend yield is more than the historical average of 3.7% of the last 5 years.
Waterstone Financial has a history of paying dividends since 2014. Our records of WSBF show that the company has issued five dividends in the last twelve months. This includes four regular and one special dividends. The annualized DPS has not changed since one year ago. But with the stock price down by 21% from a year ago, the dividend yield marks an increase of 27%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Oct 6, 2022 | Nov 1, 2022 | Sep 27, 2022 | $0.2 | normal |
| Jul 8, 2022 | Aug 2, 2022 | Jun 23, 2022 | $0.2 | normal |
| Apr 8, 2022 | May 3, 2022 | Mar 15, 2022 | $0.2 | normal |
| Jan 7, 2022 | Feb 1, 2022 | Dec 15, 2021 | $0.5 | special |
| Jan 7, 2022 | Feb 1, 2022 | Dec 15, 2021 | $0.2 | normal |
| Oct 7, 2021 | Nov 2, 2021 | Sep 21, 2021 | $0.2 | normal |
| Jul 9, 2021 | Aug 3, 2021 | Jun 15, 2021 | $0.2 | normal |
| Jun 10, 2021 | Jun 15, 2021 | May 28, 2021 | $0.5 | special |
| Apr 9, 2021 | May 4, 2021 | Mar 16, 2021 | $0.2 | normal |
| Jan 8, 2021 | Feb 2, 2021 | Dec 17, 2020 | $0.2 | normal |
| Nov 30, 2020 | Dec 8, 2020 | Nov 17, 2020 | $0.3 | special |
| Oct 8, 2020 | Nov 2, 2020 | Sep 22, 2020 | $0.12 | normal |
| Jul 10, 2020 | Aug 3, 2020 | Jun 16, 2020 | $0.12 | normal |
| Apr 8, 2020 | May 1, 2020 | Mar 24, 2020 | $0.12 | normal |
| Mar 10, 2020 | Apr 2, 2020 | Feb 25, 2020 | $0.5 | special |
| Jan 9, 2020 | Feb 3, 2020 | Dec 18, 2019 | $0.12 | normal |
| Oct 10, 2019 | Nov 1, 2019 | Sep 17, 2019 | $0.12 | normal |
| Jul 11, 2019 | Aug 2, 2019 | Jun 18, 2019 | $0.12 | normal |
| Apr 11, 2019 | May 3, 2019 | Mar 25, 2019 | $0.12 | normal |
| Mar 20, 2019 | Apr 2, 2019 | Mar 11, 2019 | $0.5 | special |
| Jan 9, 2019 | Feb 1, 2019 | Dec 20, 2018 | $0.12 | normal |
| Oct 11, 2018 | Nov 2, 2018 | Sep 18, 2018 | $0.12 | normal |
| Jul 11, 2018 | Aug 2, 2018 | Jun 19, 2018 | $0.12 | normal |
| Apr 11, 2018 | May 2, 2018 | Mar 20, 2018 | $0.12 | normal |
| Mar 8, 2018 | Apr 2, 2018 | Feb 20, 2018 | $0.5 | normal |
| Jan 11, 2018 | Feb 2, 2018 | Dec 21, 2017 | $0.12 | normal |
| Oct 11, 2017 | Nov 2, 2017 | Sep 19, 2017 | $0.12 | normal |
| Jul 10, 2017 | Aug 2, 2017 | Jun 19, 2017 | $0.12 | normal |
| May 10, 2017 | Jun 2, 2017 | Apr 18, 2017 | $0.5 | special |
| Apr 10, 2017 | May 2, 2017 | Mar 20, 2017 | $0.12 | normal |
| Jan 6, 2017 | Feb 2, 2017 | Dec 22, 2016 | $0.12 | normal |
| Oct 6, 2016 | Nov 1, 2016 | Sep 20, 2016 | $0.08 | normal |
Waterstone Financial's payout ratio of 58.4% is above the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 30.7%, Waterstone Financial's payout ratio is 90% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HMST HomeStreet Inc | 4.95% | $1.4 | 31% |
| WSBF Waterstone Financial Inc | 4.74% | $0.8 | 58.4% |
| NFBK Northfield Bancorp Inc | 3.34% | $0.52 | 38.5% |
| FMAO Farmers & Merchants Bancorp Inc | 2.7% | $0.78 | 30.8% |
Yes, Waterstone Financial has been paying dividends for the last eight years.
WSBF hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in January 2023.
Waterstone Financial's last regular dividend was on Oct 6, 2022 (ex-date) with the amount of $0.2 per share.
WSBF's annualized dividend per share is $0.8.
Waterstone Financial's current dividend yield is 4.78%.
Waterstone Financial pays four dividends per year (excluding specials).
The dividend payout ratio of Waterstone Financial is 58.4%.
Waterstone Financial's dividend yield is more than the Financial Services sector average.