Bankwell Financial Group Inc (NASDAQ:BWFG) Director Carl M. Porto purchased 1,500 shares of the business’s stock in a transaction dated Wednesday, March 22nd. The shares were purchased at an average cost of $31.50 per share, with a total value of $47,250.00. Following the completion of the purchase, the director now directly owns 6,326 shares in the company, valued at $199,269. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Bankwell Financial Group Inc (NASDAQ:BWFG) traded down 0.07% during midday trading on Monday, hitting $30.29. The stock had a trading volume of 467 shares. Bankwell Financial Group Inc has a 52 week low of $19.56 and a 52 week high of $35.00. The firm has a market cap of $227.90 million, a P/E ratio of 18.70 and a beta of 0.50. The stock has a 50-day moving average of $32.27 and a 200-day moving average of $28.47.
The business also recently disclosed a quarterly dividend, which was paid on Monday, February 27th. Investors of record on Friday, February 17th were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Wednesday, February 15th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.92%. Bankwell Financial Group’s dividend payout ratio (DPR) is presently 17.28%.
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Bankwell Financial Group Company Profile
Bankwell Financial Group, Inc is a bank holding company. The Company offers a range of financial services through its banking subsidiary, Bankwell Bank (the Bank). The Bank is a Connecticut state non-member bank. The Bank provides a range of banking services to commercial and consumer customers, concentrated in the Fairfield and New Haven Counties region of Connecticut.
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