CF Bankshares Inc. (NASDAQ:CFBK – Get Free Report) announced a quarterly dividend on Tuesday, October 1st, Zacks reports. Shareholders of record on Friday, October 11th will be paid a dividend of 0.07 per share by the savings and loans company on Saturday, October 19th. This represents a $0.28 annualized dividend and a yield of 1.29%. The ex-dividend date of this dividend is Friday, October 11th. This is a boost from CF Bankshares’s previous quarterly dividend of $0.06.
CF Bankshares has raised its dividend payment by an average of 97.2% per year over the last three years.
CF Bankshares Price Performance
Shares of CF Bankshares stock remained flat at $21.65 during trading hours on Wednesday. 468 shares of the stock traded hands, compared to its average volume of 4,522. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.95. The firm has a market cap of $110.96 million, a P/E ratio of 9.02 and a beta of 0.56. The firm has a fifty day moving average price of $21.48 and a two-hundred day moving average price of $19.98. CF Bankshares has a 52 week low of $14.69 and a 52 week high of $22.90.
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.
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