Sound Financial Bancorp (SFBC) will raise its quarterly dividend by 20 percent to $0.12 per share in the first quarter of 2018. Last year the dividend was hiked by a total of 33.3 percent.

The new dividend is payable on February 26, 2018 to stockholders of record as of the close of business on February 12, 2018. The current dividend yield for SFBC is 1.4%.

Sound Financial Bancorp, Inc. is the bank holding company for its subsidiary, Sound Community Bank. Its business consists of attracting retail and commercial deposits from the general public and investing those funds, along with borrowed funds, in loans secured by first and second mortgages on one- to four-family residences, including home equity loans and lines of credit, commercial and multifamily loans, consumer and commercial business loans, and construction and land loans.