FS Bancorp, Inc. (FSBW) To Go Ex-Dividend on November 6th

FS Bancorp, Inc. (NASDAQ:FSBW) announced a quarterly dividend on Wednesday, October 21st. Investors of record on Friday, November 6th will be given a dividend of $0.29 per share by the bank on Friday, November 20th. This represents a $1.16 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, November 6th.

FS Bancorp has raised its dividend by an average of 0.3% per year over the last three years and has raised its dividend annually for the last 12 consecutive years. FS Bancorp has a dividend payout ratio of 26.1% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect FS Bancorp to earn $4.47 per share next year, which means the company should continue to be able to cover its $1.16 annual dividend with an expected future payout ratio of 26.0%.

FS Bancorp Price Performance

NASDAQ FSBW opened at $44.05 on Wednesday. FS Bancorp has a one year low of $36.66 and a one year high of $45.85. The stock has a 50-day moving average of $43.86 and a 200 day moving average of $42.04. The company has a market capitalization of $327.29 million, a price-to-earnings ratio of 11.62 and a beta of 0.70. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.09 and a current ratio of 1.10.

FS Bancorp (NASDAQ:FSBW) last announced its quarterly earnings results on Wednesday, October 21st. The bank reported $0.63 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.48). The company had revenue of $41.86 million for the quarter, compared to analysts’ expectations of $40.70 million. FS Bancorp had a net margin of 12.81% and a return on equity of 9.39%. On average, sell-side analysts forecast that FS Bancorp will post 3.94 EPS for the current year.

FS Bancorp Company Profile

FS Bancorp, Inc is the bank holding company for 1st Security Bank of Washington, a community bank headquartered in Mountlake Terrace, Washington. The company serves individuals, families, small and midsized businesses, professionals, and community organizations through its banking and home lending operations.

1st Security Bank provides deposit products, residential and commercial real estate loans, construction and land development financing, commercial and industrial loans, consumer loans, and other traditional banking services.