Waterstone Financial: Dividend Insights
Portfolio Pulse from Benzinga Insights
Waterstone Financial (NASDAQ:WSBF) has announced a quarterly dividend of 20 cents per share. The stock will go ex-dividend on Friday, meaning it will likely open 20 cents lower. Shareholders who own WSBF as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on August 02, 2023.
July 04, 2023 | 2:45 pm
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Waterstone Financial's announcement of a 20 cents per share dividend may cause the stock to open lower on the ex-dividend date. However, this is a regular part of the dividend process and not a reflection of the company's performance.
The announcement of a dividend often leads to a decrease in the stock price on the ex-dividend date, as the stock price is adjusted to reflect the payout. However, this is a normal part of the dividend process and does not reflect negatively on the company's performance. Investors who hold the stock until the end of Thursday's session will receive the dividend.
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