wsfs financial corp on monday said its board approved an increase to the companys quarterly dividend and also approved an additional sharerepurchase authorization the board approved a 15 increase in the quarterly cash dividend to 15 cents per share of common stock the new dividend will be payable aug 19 to stockholders of record as of aug 5 the company said the board also approved an additional sharerepurchase authorization of 10 of outstanding shares as of june 30 according to the company wsfs financial corp has a market capitalization of 272 billion 6468 million shares outstanding and a public float of 6393 million shares the stock closed the days trading with a 164 gain at 4282 per share wsfs financial is the parent company of wsfs bank