CF Bankshares Inc. (NASDAQ:CFBK) Declares $0.09 Quarterly Dividend
by Tristan Rich · The Markets DailyCF Bankshares Inc. (NASDAQ:CFBK – Get Free Report) announced a quarterly dividend on Wednesday, April 1st, NASDAQ Dividends reports. Stockholders of record on Monday, April 13th will be given a dividend of 0.09 per share by the savings and loans company on Tuesday, April 21st. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, April 13th.
CF Bankshares has increased its dividend by an average of 0.6%per year over the last three years and has raised its dividend every year for the last 4 years. CF Bankshares has a payout ratio of 10.5% meaning its dividend is sufficiently covered by earnings.
CF Bankshares Stock Performance
Shares of NASDAQ:CFBK remained flat at $28.00 on Friday. The stock had a trading volume of 40,337 shares, compared to its average volume of 46,236. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.14 and a quick ratio of 1.13. CF Bankshares has a twelve month low of $19.22 and a twelve month high of $34.33. The stock has a market capitalization of $180.04 million, a P/E ratio of 10.41 and a beta of 0.42. The stock’s fifty day moving average is $29.81 and its 200-day moving average is $26.33.
CF Bankshares (NASDAQ:CFBK – Get Free Report) last posted its earnings results on Thursday, February 5th. The savings and loans company reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.12. The firm had revenue of $15.75 million during the quarter, compared to analysts’ expectations of $15.94 million. CF Bankshares had a return on equity of 9.76% and a net margin of 13.82%.
CF Bankshares Company Profile
CF Bankshares, Inc is a bank holding company headquartered in Wichita, Kansas. Through its primary subsidiary, Community First Bank, Wichita, N.A., the company provides a broad range of financial services to individuals, businesses and agricultural clients. CF Bankshares emphasizes community-oriented banking, combining local market knowledge with a personalized approach to customer relationships.
The company’s offerings include traditional deposit accounts such as checking, savings and money market products, along with a variety of commercial and consumer lending solutions.