Washington Federal Announces 4.5% Increase in its Cash Dividend to 23 Cents Per Share
January 26 2021 - 5:15PM
Business Wire
Today, the Board of Directors of Washington Federal, Inc.
(Nasdaq: WAFD) (the “Company”), parent company of Washington
Federal Bank, National Association (“WaFd Bank”), announced a
regular quarterly cash dividend of 23 cents per share, a $0.01
increase from the prior quarter. The dividend will be paid February
19th, 2021 to common stockholders of record as of February 5th,
2021. This will be Washington Federal’s 152nd consecutive quarterly
cash dividend.
Washington Federal, Inc. is the parent company of Washington
Federal Bank, a national bank that operates 234 branches in
Washington, Oregon, Idaho, Utah, Nevada, Arizona, Texas and New
Mexico. Established in 1917, the bank provides consumer and
commercial deposit accounts, financing for small to middle market
businesses, commercial real estate and residential real estate,
including consumer mortgages, home equity lines of credit and
insurance products through a subsidiary. As of December 31, 2020,
the Company reported $19.1 billion in assets, $14.2 billion in
deposits and $2.1 billion in stockholders’ equity.
Important Cautionary
Statements
The foregoing information should be read in conjunction with the
financial statements, notes and other information contained in the
Company’s 2020 Annual Report on Form 10-K, Quarterly Reports on
Form 10-Q and Current Reports on Form 8-K.
This press release contains statements about the Company’s
future that are not statements of historical fact. These statements
are “forward looking statements” for purposes of applicable
securities laws and are based on current information and/or
management's good faith belief as to future events. The words
“believe,” “expect,” “anticipate,” “project,” and similar
expressions signify forward-looking statements. Forward-looking
statements should not be read as a guarantee of future performance.
By their nature, forward-looking statements involve inherent risk
and uncertainties, which change over time; and actual performance
could differ materially from those anticipated by any
forward-looking statements. The Company undertakes no obligation to
update or revise any forward-looking statement.
To find out more about WaFd Bank, please visit our website
www.wafdbank.com. WaFd Bank uses its
website to distribute financial and other material information
about the Company.
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version on businesswire.com: https://www.businesswire.com/news/home/20210126006009/en/
Washington Federal, Inc. 425 Pike Street, Seattle, WA 98101 Brad
Goode, 206-626-8178 Brad.Goode@wafd.com
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