{"id":385525,"date":"2020-11-19T16:04:20","date_gmt":"2020-11-19T21:04:20","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=385525"},"modified":"2020-11-19T16:04:20","modified_gmt":"2020-11-19T21:04:20","slug":"waterstone-financial-declares-special-dividend-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/waterstone-financial-declares-special-dividend-2\/","title":{"rendered":"Waterstone Financial Declares Special Dividend"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">WAUWATOSA, Wis., Nov.  19, 2020  (GLOBE NEWSWIRE) &#8212; On November 17, 2020 the Board of Directors of Waterstone Financial, Inc. (NASDAQ: WSBF) declared a special dividend of $0.30 per common share.<\/p>\n<p align=\"justify\">\u201cThis special dividend reflects our strong performance thus far during 2020, as well as our continued strong financial condition,\u201d said Doug Gordon, CEO of Waterstone Financial, Inc. \u201cWhile we have historically declared and paid a special dividend following the conclusion of a successful year, the magnitude of our year-to-date earnings has allowed us to accelerate the timing of this dividend, which would have otherwise been a component of our fiscal 2021 dividend plan. Our dedication to a robust dividend payout ratio demonstrates our commitment to delivering shareholder value and our continued efforts to actively manage our capital.\u201d<\/p>\n<p align=\"justify\">The dividend is payable on December 8, 2020, to shareholders of record at the close of business on December 1, 2020.<\/p>\n<p>\n        <strong>About <\/strong><br \/>\n        <strong>Waterstone<\/strong><br \/>\n        <strong> Financial, Inc.<\/strong><\/p>\n<p>Waterstone Financial, Inc. is the savings and loan holding company for WaterStone Bank. WaterStone Bank was established in 1921 and offers a full suite of personal and business banking products. The Bank has branches in Wauwatosa\/State St, Brookfield, Fox Point\/North Shore,\u00a0Franklin\/Hales Corners, Germantown\/Menomonee Falls, Greenfield\/Loomis Rd, Milwaukee\/Oklahoma Ave, Oak Creek\/27<sup>th<\/sup> St, Oak Creek\/Howell Ave, Oconomowoc\/Lake Country, Pewaukee, Waukesha, West Allis\/Greenfield Ave, and West Allis\/National Ave, Wisconsin. WaterStone Bank is the parent company to Waterstone Mortgage, which has the ability to lend in 48 states. For more information about WaterStone Bank, go to <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2h3DyfmOOfqWdj6_a5ST3jclEzh1tkPQwI9bTmSGWvltJ_cDZTYyevSnclpTmvhn3uRQ7vxefNIru8SvQsyCzYqnoIzzwLg__H29mLbjwbI=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/www.wsbonline.com<\/a>.<\/p>\n<p>\n        <strong>Contact:<\/strong><br \/>\n        <br \/>Mark R. Gerke<br \/>Chief Financial Officer<br \/>414.459.4012<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jUwPHfa14fwJKOSF2zlRdCCrARcfUDIdQk_v9sY3ljf_Nok6trd9W7GulBpXU7lm-srsJ8zxlpOBiJLxMVm3IfMYG5hWR2-3l4WNbkN8SQc=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">markgerke@wsbonline.com<\/a>\u00a0<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4OTMwNSMzODM1OTY3IzIwODk5NTM=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/31743b7a-f9a4-4427-b7f4-c6a1592037a3\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>WAUWATOSA, Wis., Nov. 19, 2020 (GLOBE NEWSWIRE) &#8212; On November 17, 2020 the Board of Directors of Waterstone Financial, Inc. (NASDAQ: WSBF) declared a special dividend of $0.30 per common share. \u201cThis special dividend reflects our strong performance thus far during 2020, as well as our continued strong financial condition,\u201d said Doug Gordon, CEO of Waterstone Financial, Inc. \u201cWhile we have historically declared and paid a special dividend following the conclusion of a successful year, the magnitude of our year-to-date earnings has allowed us to accelerate the timing of this dividend, which would have otherwise been a component of our fiscal 2021 dividend plan. Our dedication to a robust dividend payout ratio demonstrates our commitment to delivering shareholder value and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/waterstone-financial-declares-special-dividend-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Waterstone Financial Declares Special Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-385525","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Waterstone Financial Declares Special Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/waterstone-financial-declares-special-dividend-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Waterstone Financial Declares Special Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"WAUWATOSA, Wis., Nov. 19, 2020 (GLOBE NEWSWIRE) &#8212; On November 17, 2020 the Board of Directors of Waterstone Financial, Inc. (NASDAQ: WSBF) declared a special dividend of $0.30 per common share. \u201cThis special dividend reflects our strong performance thus far during 2020, as well as our continued strong financial condition,\u201d said Doug Gordon, CEO of Waterstone Financial, Inc. \u201cWhile we have historically declared and paid a special dividend following the conclusion of a successful year, the magnitude of our year-to-date earnings has allowed us to accelerate the timing of this dividend, which would have otherwise been a component of our fiscal 2021 dividend plan. 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