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WSFS Financial Corporation (WSFS) will raise its quarterly dividend by 22.2 percent to $0.11 per share in the second quarter of 2018. In Q4 of 2017 the savings and loan holding company had already increased its dividend from $0.07 to $0.09 per share quarterly.

The next dividend will be paid on May 25, 2018 to shareholders of record on May 11, 2018. The yield for WSFS is 0.9% based on the new annual dividend amount of $0.44 per share.

WSFS Financial Corporation is a savings and loan holding company. The Company's subsidiary is Wilmington Savings Fund Society, FSB, which is the bank and trust company. The company also offers a range of consumer loan products, retail securities and insurance brokerage services. The WSFS subsidiaries include WSFS Wealth Investments, 1832 Holdings, Inc., Monarch and West Capital Management.