Sound Financial Bancorp, Inc. to Issue Quarterly Dividend of $0.21 (NASDAQ:SFBC)

Sound Financial Bancorp, Inc. (NASDAQ:SFBC) declared a quarterly dividend on Tuesday, July 28th. Investors of record on Friday, August 7th will be paid a dividend of 0.21 per share by the bank on Friday, August 21st. This represents a c) dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Friday, August 7th.

Sound Financial Bancorp has decreased its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 2 consecutive years.

Sound Financial Bancorp Trading Up 0.2%

NASDAQ:SFBC opened at $45.20 on Wednesday. The firm has a market capitalization of $116.18 million, a P/E ratio of 15.43 and a beta of 0.01. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.09 and a quick ratio of 1.09. Sound Financial Bancorp has a one year low of $40.68 and a one year high of $48.85. The company’s 50-day simple moving average is $43.58 and its 200 day simple moving average is $43.35.

Sound Financial Bancorp (NASDAQ:SFBC) last announced its earnings results on Tuesday, July 28th. The bank reported $0.98 earnings per share for the quarter. Sound Financial Bancorp had a net margin of 12.19% and a return on equity of 6.99%. The business had revenue of $11.02 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded Sound Financial Bancorp from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

Sound Financial Bancorp Company Profile

Sound Financial Bancorp, Inc is a bank holding company and the parent of Sound Community Bank, a community‐oriented financial institution headquartered in University Place, Washington. Through its subsidiary, the company delivers a broad array of banking and financial services to individuals, small businesses and commercial clients throughout the Puget Sound region. Emphasizing relationship banking, Sound Financial Bancorp seeks to support local economic development by offering personalized service and community engagement.

The company’s core offerings include deposit products such as checking and savings accounts, money market accounts and certificates of deposit, as well as a full spectrum of lending solutions.