WSFS Financial Raises Dividend to 17 Cents

Dow Jones

04-25

By Josh Beckerman

WSFS Financial raised its quarterly dividend to 17 cents a share from 15 cents and approved an additional 10% share repurchase authorization.

The parent company of WSFS Bank also reported that first-quarter core earnings per share rose to $1.13 from $1.11.

The new payout provides a 1.3% yield based on Thursday's closing stock price of $52.15, up 1.9%. Shares were flat after hours.

WSFS Financial's dividend was at 15 cents since 2022, when it was raised from 13 cents.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

April 24, 2025 18:46 ET (22:46 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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