WSBF (Waterstone Financial) Dividend Payout Ratio: 0.44 (As of Mar. 2026) — 16% Above Median

What is Waterstone Financial Dividend Payout Ratio?

Waterstone Financial WSBF +0.41% 56 Dividend Payout Ratio is 0.44 as of Mar. 2026, which is 16% above its 10-year median of 0.38. GuruFocus rates WSBF with a GF Score™ of 56/100 and a GF Value™ of $16.88 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,172 Banks companies, Waterstone Financial ranks worse than 55.89% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Waterstone Financial's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.44.

The historical rank and industry rank for Waterstone Financial's Dividend Payout Ratio or its related term are showing as below:

WSBF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.38 Max: 1.52
Current: 0.36

During the past 13 years, the highest Dividend Payout Ratio of Waterstone Financial was 1.52. The lowest was 0.15. And the median was 0.38.

WSBF's Dividend Payout Ratio is ranked worse than
55.89% of 1172 companies
in the Banks industry
Industry Median: 0.32 vs WSBF: 0.36

As of today (2026-07-09), the Dividend Yield % of Waterstone Financial is 3.29%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Waterstone Financial was 9.13%. The lowest was 1.18%. And the median was 3.13%.

Waterstone Financial's Dividends per Share for the months ended in Mar. 2026 was $0.15.

During the past 12 months, Waterstone Financial's average Dividends Per Share Growth Rate was 33.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -9.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Waterstone Financial was 33.90% per year. The lowest was -23.40% per year. And the median was 13.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Waterstone Financial (NAS:WSBF) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Waterstone Financial Dividend Payout Ratio Related Terms

Waterstone Financial Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Waterstone Financial's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Waterstone Financial Dividend Payout Ratio Chart

Waterstone Financial Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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0.34

0.90

1.52

0.45

0.41

Waterstone Financial Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.88	0.35	0.33	0.34	0.44

WSBF vs USCB, MVBF, RVRF: Dividend Payout Ratio Comparison

For the Banks - Regional subindustry, Waterstone Financial's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Waterstone Financial Dividend Payout Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Waterstone Financial's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Waterstone Financial's Dividend Payout Ratio falls into.

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56GF Score

Waterstone Financial Inc WSBF

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Waterstone Financial Dividend Payout Ratio Calculation

Waterstone Financial's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	0.6	/	1.48
	=	0.41

Waterstone Financial's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.15	/	0.34
	=	0.44

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.44 mean?

Waterstone Financial (WSBF) has a Dividend Payout Ratio of 0.44 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Waterstone Financial and its competitors. This is 16% above median its historical median of 0.38. Over the past decade, Waterstone Financial's Dividend Payout Ratio has ranged from 0.15 to 1.52. According to the industry distribution chart, Waterstone Financial ranks #655 out of 1172 companies in the Banks industry, placing it in the top 55.9%.

Is Waterstone Financial's Dividend Payout Ratio too high?

Waterstone Financial's current Dividend Payout Ratio of 0.44 is 16% above median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.52. The Banks industry median Dividend Payout Ratio is 0.32. Waterstone Financial's value of 0.44 is 37.5% above this industry median. Based on the distribution chart, Waterstone Financial ranks #655 out of 1172 companies in the Banks industry, which is below the industry midpoint. Overall, Waterstone Financial has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Waterstone Financial's Dividend Payout Ratio compare to USCB and MVBF?

According to the Banks industry distribution chart, Waterstone Financial ranks #655 out of 1172 companies for Dividend Payout Ratio. This places Waterstone Financial in the lower half of its industry. The industry median Dividend Payout Ratio is 0.32. Waterstone Financial's value of 0.44 is 37.5% above this benchmark. Historically, Waterstone Financial's own Dividend Payout Ratio has ranged from 0.15 to 1.52 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 0.32, Waterstone Financial has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for a Banks company?

The median Dividend Payout Ratio among Banks companies is 0.32, based on 1,172 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Waterstone Financial's current Dividend Payout Ratio of 0.44 is 37.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Waterstone Financial and its competitors. For the Banks industry, the median Dividend Payout Ratio is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waterstone Financial's current Dividend Payout Ratio is 0.44, which is 16% above median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Waterstone Financial stock overvalued right now?

Based on GuruFocus' analysis, Waterstone Financial (WSBF) is currently considered Modestly Overvalued. The stock's GF Value™ is $16.88, compared to a current price of $19.40 — trading 14.9% above its estimated fair value. The current Dividend Payout Ratio is 0.44, which is 16% above median its 10-year median of 0.38 and 37.5% above the Banks industry median of 0.32. Waterstone Financial's overall GF Score™ is 56/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For Waterstone Financial (WSBF), the current Dividend Payout Ratio is 0.44 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Waterstone Financial (WSBF) Overvalued in 2026?

Based on GuruFocus' analysis, Waterstone Financial stock appears to be overvalued. The current stock price of $19.40 is trading 14.9% above its estimated GF Value™ of $16.88. GuruFocus considers Waterstone Financial to be Modestly Overvalued.

Key valuation signals for WSBF:

Dividend Payout Ratio: 0.44 (16% above median its 10-year median of 0.38)
GF Value™: $16.88 vs. price of $19.40 (14.9% above fair value)
GF Score™: 56/100 with 7 warning signs
Industry Position: 37.5% above the Banks median (#655 of 1172)

No single metric tells the full story. See the WSBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Waterstone Financial Business Description

Industry Financial Services Banks

Comparable Companies USCB MVBF RVRF AVBC CHMG AVBH BCML CZFS NECB TSBK SGX:D05 SHSE:600036 MIL:UCG XPAR:BNP NSE:HDFCBANK MIL:ISP TSE:8411 SAU:1120 NSE:ICICIBANK NSE:SBIN

Other Exchanges 47Z:Germany

Address 11200 West Plank Court, Wauwatosa, WI, USA, 53226

Website http://www.wsbonline.com

Waterstone Financial Inc is a holding company. Through its subsidiaries, it operates in two reportable segments: Community Banking and Mortgage Banking. The Community Banking segment provides consumer and business banking products and services to customers, which include various types of loans, deposits, and personal investment services. The Mortgage Banking segment involves residential mortgage loans for the primary purpose of sale in the secondary market. The majority of its revenue comes from the Community Banking segment.

56GF Score

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$19.40

Price

$16.88

GF Value

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