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Waterstone Financial to pay special dividend

Waterstone Financial Inc. of Wauwatosa, Wis., will pay a special dividend of 50 cents per share.

It will be distributed April 2 to shareholders of record as of March 10. CEO Douglas Gordon said in a press release that the company, which had $1.81 billion in assets at the end of 2017, is returning capital "while maintaining ample capacity for organic growth and potential future strategic acquisitions."