Sound Financial Bancorp, Inc. (NASDAQ:SFBC) Announces $0.19 Quarterly Dividend

Key Points

• Sound Financial Bancorp, Inc. declared a quarterly dividend of $0.19 per share, payable on August 25th to investors of record dated August 11th.
• The company reported earnings of $0.79 per share for the last quarter with a net margin of 8.12% and revenue of $10.38 million.
• Analysts at Wall Street Zen downgraded the stock from a "hold" rating to a "sell" rating in a recent research note.

Sound Financial Bancorp, Inc. (NASDAQ:SFBC - Get Free Report) announced a quarterly dividend on Tuesday, July 29th, Wall Street Journal reports. Shareholders of record on Monday, August 11th will be paid a dividend of 0.19 per share by the bank on Monday, August 25th. This represents a c) annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Monday, August 11th.

Sound Financial Bancorp Price Performance

Shares of NASDAQ SFBC traded down $0.30 on Friday, hitting $45.75. The company's stock had a trading volume of 12,799 shares, compared to its average volume of 5,629. The company has a market capitalization of $117.58 million, a price-to-earnings ratio of 18.83 and a beta of 0.16. Sound Financial Bancorp has a 12-month low of $43.00 and a 12-month high of $55.99. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.11 and a quick ratio of 1.11. The stock has a 50 day moving average of $47.48 and a 200-day moving average of $49.83.

Sound Financial Bancorp (NASDAQ:SFBC - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The bank reported $0.79 EPS for the quarter. The business had revenue of $10.38 million during the quarter. Sound Financial Bancorp had a net margin of 10.02% and a return on equity of 6.08%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Operose Advisors LLC purchased a new position in shares of Sound Financial Bancorp during the 1st quarter worth about $25,000. FNY Investment Advisers LLC lifted its holdings in shares of Sound Financial Bancorp by 13.8% during the 1st quarter. FNY Investment Advisers LLC now owns 6,293 shares of the bank's stock worth $315,000 after acquiring an additional 763 shares during the period. Northern Trust Corp lifted its holdings in shares of Sound Financial Bancorp by 44.3% during the 4th quarter. Northern Trust Corp now owns 7,141 shares of the bank's stock worth $376,000 after acquiring an additional 2,193 shares during the period. Arcus Capital Partners LLC purchased a new position in shares of Sound Financial Bancorp during the 1st quarter worth about $558,000. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Sound Financial Bancorp by 2.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 18,016 shares of the bank's stock worth $949,000 after acquiring an additional 435 shares during the period. 68.85% of the stock is currently owned by hedge funds and other institutional investors.

Sound Financial Bancorp Company Profile

Sound Financial Bancorp, Inc operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses. It accepts various deposits products comprising savings, money market deposit, NOW, and demand accounts, as well as certificates of deposit.