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WSFS Financial Corporation (WSFS) will raise its quarterly dividend by 9.1 percent to $0.12 per share in the second quarter of 2019.

The next dividend will be paid on May 23, 2019 to stockholders of record as of May 9, 2019. The yield for WSFS is 1.1% based on the new annual dividend amount of 48 cents 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.