Sound Financial Bancorp, Inc. (SFBC) To Go Ex-Dividend on August 7th

Sound Financial Bancorp, Inc. (NASDAQ:SFBC) declared a quarterly dividend on Tuesday, July 28th. Stockholders 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 dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, August 7th.

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

Sound Financial Bancorp Stock Down 0.5%

Shares of Sound Financial Bancorp stock opened at $44.12 on Thursday. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.16. The company has a market cap of $113.39 million, a P/E ratio of 14.14 and a beta of 0.01. The firm’s 50 day moving average price is $43.61 and its 200-day moving average price is $43.36. Sound Financial Bancorp has a 52-week low of $40.68 and a 52-week high of $48.85.

Sound Financial Bancorp (NASDAQ:SFBC) last posted its earnings results on Tuesday, July 28th. The bank reported $0.98 EPS for the quarter. The company had revenue of $11.02 million during the quarter. Sound Financial Bancorp had a net margin of 12.89% and a return on equity of 7.37%.

Insiders Place Their Bets

In other news, CEO Laura Lee Stewart sold 900 shares of the business’s stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $42.60, for a total transaction of $38,340.00. Following the sale, the chief executive officer owned 9,000 shares in the company, valued at approximately $383,400. The trade was a 9.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 12.30% of the company’s stock.

Hedge Funds Weigh In On Sound Financial Bancorp

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE boosted its stake in Sound Financial Bancorp by 4,863.2% in the 2nd quarter. Bank of America Corp DE now owns 943 shares of the bank’s stock worth $43,000 after purchasing an additional 924 shares in the last quarter. JPMorgan Chase & Co. acquired a new position in Sound Financial Bancorp during the 2nd quarter valued at approximately $47,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of Sound Financial Bancorp in the second quarter worth $54,000. Russell Investments Group Ltd. raised its holdings in shares of Sound Financial Bancorp by 168.3% in the fourth quarter. Russell Investments Group Ltd. now owns 1,387 shares of the bank’s stock worth $61,000 after buying an additional 870 shares during the last quarter. Finally, New York State Common Retirement Fund purchased a new position in shares of Sound Financial Bancorp in the second quarter worth $101,000. 68.85% of the stock is owned by hedge funds and other institutional investors.

About Sound Financial Bancorp

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.