Sound Financial Bancorp, Inc. (SFBC) to Issue Quarterly Dividend of $0.21 on November 20th

Sound Financial Bancorp, Inc. (NASDAQ:SFBC) declared a quarterly dividend on Tuesday, October 27th. Investors of record on Friday, November 6th will be paid a dividend of $0.21 per share by the bank on Friday, November 20th. This represents a $0.84 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Friday, November 6th.

Sound Financial Bancorp Trading Up 1.7%

Shares of SFBC stock opened at $45.00 on Wednesday. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.07. Sound Financial Bancorp has a 12-month low of $40.68 and a 12-month high of $49.21. The stock has a market capitalization of $115.65 million, a P/E ratio of 13.16 and a beta of 0.05. The firm’s 50 day moving average is $45.75 and its 200 day moving average is $44.26.

Sound Financial Bancorp (NASDAQ:SFBC) last announced its earnings results on Tuesday, October 27th. The bank reported $0.90 earnings per share for the quarter. The business had revenue of $9.49 million during the quarter. Sound Financial Bancorp had a net margin of 13.88% and a return on equity of 7.82%.

Insider Transactions at Sound Financial Bancorp

In other Sound Financial Bancorp news, CEO Laura Stewart sold 900 shares of the company’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $45.99, for a total value of $41,391.00. Following the completion of the transaction, the chief executive officer directly owned 8,100 shares in the company, valued at $372,519. This represents a 10.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 12.30% of the company’s stock.

Hedge Funds Weigh In On Sound Financial Bancorp

Hedge funds have recently modified their holdings of the stock. BlackRock Inc. purchased a new position in Sound Financial Bancorp during the second quarter valued at $1,616,000. Pacific Sage Partners LLC bought a new stake in Sound Financial Bancorp in the 2nd quarter valued at $1,560,000. Finally, Empowered Funds LLC bought a new stake in Sound Financial Bancorp in the 2nd quarter valued at $278,000. Hedge funds and other institutional investors own 68.85% of the company’s stock.

About Sound Financial Bancorp

Sound Financial Bancorp, Inc is a bank holding company headquartered in Seattle, Washington. Through its principal subsidiary, Sound Community Bank, the company provides banking and financial services to individuals, families, businesses and nonprofit organizations in the Puget Sound region.

Sound Community Bank offers deposit products, including checking, savings, money market and certificate accounts, along with residential mortgage, commercial real estate, construction, commercial and industrial, consumer and small-business loans.