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CF Bankshares Inc. (NASDAQ:CFBK) Plans $0.07 Quarterly Dividend

CF Bankshares logo with Finance background

CF Bankshares Inc. (NASDAQ:CFBK - Get Free Report) announced a quarterly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Monday, April 14th will be paid a dividend of 0.07 per share by the savings and loans company on Tuesday, April 22nd. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date of this dividend is Monday, April 14th.

CF Bankshares has raised its dividend by an average of 22.9% annually over the last three years.

CF Bankshares Trading Up 0.7 %

Shares of NASDAQ CFBK traded up $0.14 during midday trading on Tuesday, reaching $20.00. The company had a trading volume of 29,388 shares, compared to its average volume of 11,516. The stock has a market cap of $102.74 million, a PE ratio of 9.71 and a beta of 0.44. CF Bankshares has a one year low of $16.92 and a one year high of $31.17. The firm's fifty day moving average price is $22.99 and its 200-day moving average price is $24.29. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.75.

CF Bankshares (NASDAQ:CFBK - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The savings and loans company reported $0.68 earnings per share for the quarter. CF Bankshares had a return on equity of 8.25% and a net margin of 10.72%.

About CF Bankshares

(Get Free Report)

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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Dividend History for CF Bankshares (NASDAQ:CFBK)

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