secwatch.observer — SEC 8-K summary
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Issuer:     Waterstone Financial, Inc. (WSBF)
CIK:        0001569994
Form:       8-K
Filed at:   2023-09-26T23:59:59+00:00
Accession:  0001437749-23-026762
Event type: dividend
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Waterstone Financial cuts quarterly dividend to $0.15/share, shifts capital to buybacks
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- Quarterly dividend reduced to $0.15 per share; payable Nov 1, 2023 to holders of record Oct 9, 2023.
- Annualized yield of 5.17% based on prior day's closing price.
- Capital reallocated to stock buybacks; shares repurchased at prices below tangible book value.
- Capital to assets ratio of 15.9% as of June 30, 2023, well above regulatory requirements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1569994/000143774923026762/0001437749-23-026762-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1569994/000143774923026762/wsbf20230828_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-026762

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer