Business
Sound Financial Bancorp, Inc. Announces Regular Quarterly Cash Dividend of $0.17 per share and Declares Special Cash Dividend of $0.10 per share
SEATTLE, Jan. 28, 2022 (GLOBE NEWSWIRE) -- Sound Financial Bancorp, Inc. (NASDAQ: SFBC) the holding company (the “Company”) for Sound Community Bank (the
About this update from Sound Financial Bancorp, Inc.
[{"type":"text","content":"SEATTLE, Jan. 28, 2022 (GLOBE NEWSWIRE) -- Sound Financial Bancorp, Inc. (NASDAQ: SFBC) the holding company (the “Company”) for Sound Community Bank (the \"Bank\"), announced today that the Board of Directors has declared on Company common stock a regular quarterly cash dividend of $0.17 per share and a special cash dividend of $0.10 per share. The dividends will be payable on February 24, 2022 to stockholders of record as of the close of business on February 10, 2022. \"In addition to our regular cash dividend, our performance provided us with the opportunity to pay a special cash dividend while still maintaining a very strong capital position to support growth,\" said Laurie Stewart, President and Chief Executive Officer of the Company and the Bank. About the Company Sound Financial Bancorp, Inc., a bank holding company, is the parent company of Sound Community Bank, and is headquartered in Seattle, Washington with full-service branches in Seattle, Tacoma, Mountlake Terrace, Sequim, Port Angeles, Port Ludlow and University Place. Sound Community Bank is a Fannie Mae Approved Lender and Seller/Servicer with one Loan Production Office located in the Madison Park neighborhood of Seattle, Washington. For more information, please visit www.soundcb.com. Forward-Looking StatementsWhen used in filings by the Company with the Securities and Exchange Commission (the \"SEC\"), in the Company's press releases or other public or stockholder communications, and in oral statements made with the approval of an authorized executive officer, the words or phrases \"will likely result,\" \"are expected to,\" \"will continue,\" \"is anticipated,\" \"estimate,\" \"project,\" \"intends\" or similar expressions are intended to identify \"forward-looking statements\" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, which are based on various underlying assumptions and expectations and are subject to risks, uncertainties and other unknown factors, may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events, and may turn out to be inaccurate because of inaccurate assumptions we might make, because of the factors illust...