WSFS Financial Corporation operates as the savings and loan holding company for the Wilmington Savings Fund Society, FSB that provides various banking services in the United States. It operates through three segments: WSFS Bank, Cash Connect, and Wealth Management. It offers various deposit products, including savings accounts, demand deposits, interest-bearing demand deposits, money market deposit accounts, and certificates of deposit, as well as accepts jumbo certificates of deposit from individuals, businesses, and municipalities. The company also provides a range of loans, which comprise fixed and adjustable rate residential loans; commercial real estate mortgage loans; commercial construction loans to developers; commercial loans for working capital, financing equipment and real estate acquisitions, business expansion, and other business purposes; and consumer credit products, such as home improvement, automobile, and other secured and unsecured personal installment loans, as well as home equity lines and unsecured lines of credit, and government-insured reverse mortgages. In addition, it offers various third-party investment and insurance products, such as single-premium annuities, whole life policies, and securities; investment advisory services to high net worth individuals and institutions; mortgage and title services; and leases small equipment and fixed assets, as well as cash management, trust, and wealth management services. Further, the company provides ATM vault cash, smart safe, and other cash logistics services; and online reporting and ATM cash management, predictive cash ordering and reconcilement services, armored carrier management, loss protection, ATM processing equipment sales, and deposit safe cash logistics services. As of December 31, 2020, it operated 112 offices, including 52 in Pennsylvania, 42 in Delaware, 16 in New Jersey, 1 in Virginia, and 1 in Nevada. The company was founded in 1832 and is headquartered in Wilmington, Delaware.
WSFS Financial Dividend Announcement
• WSFS Financial announced a quarterly dividend of $0.15 per ordinary share which will be made payable on 2024-08-23. Ex dividend date: 2024-08-09
• WSFS Financial annual dividend for 2024 was $0.45
• WSFS Financial annual dividend for 2023 was $0.75
• WSFS Financial's trailing twelve-month (TTM) dividend yield is 1.21%
• WSFS Financial's payout ratio for the trailing twelve months (TTM) is 13.31%
• WSFS Financial's dividend growth over the last five years (2018-2023) was 12.30% year
• WSFS Financial's dividend growth over the last ten years (2013-2023) was 4.56% year
WSFS Financial Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-09 | $0.15 | quarterly | 2024-08-23 |
| 2024-05-09 | $0.15 | quarterly | 2024-05-24 |
| 2024-02-08 | $0.15 | quarterly | 2024-02-23 |
| 2023-11-02 | $0.15 | quarterly | 2023-11-17 |
| 2023-08-03 | $0.15 | quarterly | 2023-08-18 |
| 2023-05-04 | $0.15 | quarterly | 2023-05-19 |
| 2023-02-09 | $0.15 | quarterly | 2023-02-24 |
| 2023-02-02 | $0.15 | quarterly | 2023-02-17 |
| 2022-11-03 | $0.15 | quarterly | 2022-11-18 |
| 2022-08-04 | $0.15 | quarterly | 2022-08-19 |
| 2022-05-05 | $0.13 | quarterly | 2022-05-20 |
| 2022-02-03 | $0.13 | quarterly | 2022-02-18 |
| 2021-11-03 | $0.13 | quarterly | 2021-11-18 |
| 2021-08-04 | $0.13 | quarterly | 2021-08-19 |
| 2021-05-06 | $0.13 | quarterly | 2021-05-21 |
| 2021-02-10 | $0.12 | quarterly | 2021-02-25 |
| 2020-11-04 | $0.12 | quarterly | 2020-11-19 |
| 2020-08-05 | $0.12 | quarterly | 2020-08-20 |
| 2020-05-07 | $0.12 | quarterly | 2020-05-22 |
| 2020-02-05 | $0.12 | quarterly | 2020-02-21 |
| 2019-11-06 | $0.12 | quarterly | 2019-11-21 |
| 2019-08-07 | $0.12 | quarterly | 2019-08-22 |
| 2019-05-08 | $0.12 | quarterly | 2019-05-23 |
| 2019-02-07 | $0.11 | quarterly | 2019-02-22 |
| 2018-11-05 | $0.11 | quarterly | 2018-11-20 |
| 2018-08-09 | $0.11 | quarterly | 2018-08-24 |
| 2018-05-10 | $0.11 | quarterly | 2018-05-25 |
| 2018-02-07 | $0.09 | quarterly | 2018-02-22 |
| 2017-11-06 | $0.09 | quarterly | 2017-11-21 |
| 2017-08-09 | $0.07 | quarterly | 2017-08-25 |
| 2017-05-10 | $0.07 | quarterly | 2017-05-26 |
| 2017-02-08 | $0.07 | quarterly | 2017-02-24 |
| 2016-11-08 | $0.07 | quarterly | 2016-11-25 |
| 2016-08-17 | $0.06 | quarterly | 2016-09-02 |
| 2016-05-11 | $0.06 | quarterly | 2016-05-27 |
| 2016-02-10 | $0.06 | quarterly | 2016-02-26 |
| 2015-11-10 | $0.06 | quarterly | 2015-11-27 |
| 2015-08-05 | $0.05 | quarterly | 2015-08-21 |
| 2015-05-13 | $0.15 | quarterly | 2015-05-29 |
| 2015-02-11 | $0.15 | quarterly | 2015-02-27 |
| 2014-11-05 | $0.15 | quarterly | 2014-11-21 |
| 2014-08-06 | $0.12 | quarterly | 2014-08-22 |
| 2014-05-07 | $0.12 | quarterly | 2014-05-23 |
| 2014-02-12 | $0.12 | quarterly | 2014-02-28 |
| 2013-11-06 | $0.12 | quarterly | 2013-11-22 |
| 2013-08-07 | $0.12 | quarterly | 2013-08-23 |
| 2013-05-08 | $0.12 | quarterly | 2013-05-24 |
| 2013-02-06 | $0.12 | quarterly | 2013-02-22 |
WSFS Financial Dividend per year
WSFS Financial Dividend growth
WSFS Financial Dividend Yield
WSFS Financial current trailing twelve-month (TTM) dividend yield is 1.21%. Interested in purchasing WSFS Financial stock? Use our calculator to estimate your expected dividend yield:
WSFS Financial Financial Ratios
P/E ratio10.86
PEG ratio0.51
P/B ratio1.19
ROE11.28%
Payout ratio13.31%
Current ratio0.09
Quick ratio0.01
Cash Ratio0.08
WSFS Financial Dividend FAQ
How much is the next WSFS Financial dividend?
WSFS Financial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next WSFS Financial dividend. The next WSFS Financial dividend will be released in February, February, May, August, or November.
When is WSFS Financial dividend paid?
WSFS Financial pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does WSFS Financial pay?
The specific amount of WSFS Financial dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find WSFS Financial's dividend history.
Does WSFS Financial stock pay dividends?
Yes, WSFS Financial does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find WSFS Financial's dividend history.
How much dividend does WSFS Financial pay?
WSFS Financial paid $0.45 in 2024, $0.75 in 2023, $0.56 in 2022, $0.51 in 2021, and $0.48 in 2020.
How often does WSFS Financial pay dividends?
WSFS Financial typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, February, May, August, and November.
What is WSFS Financial's dividend yield?
The current dividend yield for WSFS Financial is 1.21%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate WSFS Financial's exact dividend yield.
When does WSFS Financial go ex dividend?
WSFS Financial's ex-dividend date for the latest dividend was on 2024-08-09. WSFS Financial typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next WSFS Financial dividend paid?
WSFS Financial pays dividends on a quarterly basis, typically around February, February, May, August, or November, but the exact dates can vary each year.
Will WSFS Financial increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether WSFS Financial will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is WSFS Financial dividend per share?
WSFS Financial paid $0.45 per share in 2024 and $0.75 per share in 2023. The amount of dividend per share that WSFS Financial pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is WSFS Financial a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is WSFS Financial a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is WSFS Financial a dividend stock?
Yes, WSFS Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is WSFS Financial a good dividend stock?
Whether WSFS Financial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. WSFS Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating WSFS Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating WSFS Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does WSFS Financial pay dividends monthly?
WSFS Financial typically pays dividends on a quarterly basis.
Does WSFS Financial pay dividends quarterly?
WSFS Financial currently pays dividends on a quarterly basis.
Has WSFS Financial ever paid a dividend?
Yes, WSFS Financial has a history of paying dividends to its shareholders. WSFS Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy WSFS Financial dividend stocks?
To buy WSFS Financial you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy WSFS Financial stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy WSFS Financial stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does WSFS Financial pay dividends 2024?
WSFS Financial pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-23. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will WSFS Financial increase its dividend in 2024?
Decisions regarding WSFS Financial dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date WSFS Financial dividend overview you can look into the above table of dividend history.
How WSFS Financial dividend works?
The WSFS Financial dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how WSFS Financial's dividend process works:
1. Determination of Dividend: WSFS Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, WSFS Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, WSFS Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from WSFS Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: WSFS Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, WSFS Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, WSFS Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from WSFS Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are WSFS Financial dividends paid?
WSFS Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: WSFS Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, WSFS Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: WSFS Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: WSFS Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, WSFS Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: WSFS Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does WSFS Financial pay dividends?
WSFS Financial typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does WSFS Financial pay dividends?
The general pattern is that WSFS Financial pays dividends around February, February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is WSFS Financial dividend safe?
The safety of WSFS Financial's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of WSFS Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review WSFS Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of WSFS Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review WSFS Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.