By Sabela Ojea
FS Bancorp is increasing its quarterly cash dividend by 3.7%, to 28 cents per share.
The bank holding company on Tuesday said that its board of directors approved raising its quarterly payout to shareholders to 28 cents from 27 a share previously.
The new payout, equal to $1.12 annually, represents a yield of 2.7%, based on the company's closing price of $41.93.
The quarterly dividend will be paid on Feb. 20.
Write to Sabela Ojea at sabela.ojea@wsj.com
(END) Dow Jones Newswires
January 21, 2025 19:07 ET (00:07 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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