CF Bankshares Inc. (NASDAQ:CFBK) to Issue Dividend of $0.06

CF Bankshares Inc. (NASDAQ:CFBK) announced a dividend on Tuesday, July 2nd, investing.com reports. Shareholders of record on Friday, July 12th will be paid a dividend of 0.06 per share by the savings and loans company on Friday, July 19th. This represents a dividend yield of 1.28%. The ex-dividend date is Thursday, July 11th.

CF Bankshares has increased its dividend by an average of 97.2% annually over the last three years.

CF Bankshares Price Performance

Shares of NASDAQ:CFBK opened at $18.94 on Tuesday. The business has a fifty day simple moving average of $19.03 and a 200 day simple moving average of $19.94. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.80. CF Bankshares has a 1 year low of $14.69 and a 1 year high of $22.00. The firm has a market cap of $97.16 million, a price-to-earnings ratio of 7.89 and a beta of 0.57.

CF Bankshares (NASDAQ:CFBK) last announced its quarterly earnings results on Tuesday, May 7th. The savings and loans company reported $0.47 earnings per share (EPS) for the quarter. The business had revenue of $12.19 million during the quarter. CF Bankshares had a return on equity of 10.17% and a net margin of 13.25%.

About CF Bankshares

CF Bankshares Inc operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States. The company accepts savings, retail and business checking accounts, and money market accounts, as well as certificates of deposit. It offers single-family mortgage loans; commercial real estate and multi-family residential mortgage loans; commercial loans and equipment leases; residential real estate loans and treasury management depository services; retail banking services and products.