WaFd (NASDAQ:WAFDP) Trading Up 0.7% – Still a Buy?

WaFd, Inc (NASDAQ:WAFDP) traded up 0.7% during mid-day trading on Wednesday . The stock traded as high as $17.13 and last traded at $17.11. 23,870 shares changed hands during mid-day trading, an increase of 5% from the average session volume of 22,660 shares. The stock had previously closed at $16.99.

WaFd Trading Up 0.7%

The firm’s fifty day moving average price is $16.71 and its 200-day moving average price is $16.47.

WaFd (NASDAQ:WAFDP) last released its earnings results on Friday, October 15th. The company reported $0.72 earnings per share for the quarter. The company had revenue of $151.95 million during the quarter.

WaFd Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be issued a dividend of $0.3047 per share. This represents a $1.22 annualized dividend and a dividend yield of 7.1%. The ex-dividend date of this dividend is Wednesday, December 31st.

About WaFd

Washington Federal, Inc (NASDAQ: WAFDP) is a bank holding company headquartered in Seattle, Washington, operating under the trade name WaFd Bank. Originally founded in 1922 as Ballard Savings and Loan Association in Seattle’s Ballard neighborhood, the company has expanded through organic growth and strategic acquisitions to become a leading regional financial institution in the western United States.

WaFd Bank provides a broad suite of personal banking products, including checking and savings accounts, money market and certificate of deposit offerings, and digital banking services.