CF Bankshares Inc. (CFBK) to Issue Quarterly Dividend of $0.09 on January 26th

CF Bankshares Inc. (NASDAQ:CFBK) declared a quarterly dividend on Monday, January 5th. Investors of record on Thursday, January 15th will be given a dividend of 0.09 per share by the savings and loans company on Monday, January 26th. This represents a c) annualized dividend and a yield of 1.4%. The ex-dividend date is Thursday, January 15th. This is a 12.5% increase from CF Bankshares’s previous quarterly dividend of $0.08.

CF Bankshares has a dividend payout ratio of 9.3% meaning its dividend is sufficiently covered by earnings.

CF Bankshares Price Performance

Shares of CFBK opened at $25.53 on Wednesday. CF Bankshares has a fifty-two week low of $19.22 and a fifty-two week high of $27.46. The firm’s 50 day moving average price is $24.09 and its 200 day moving average price is $24.11. The company has a market cap of $162.63 million, a P/E ratio of 10.25 and a beta of 0.43. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.65.

CF Bankshares (NASDAQ:CFBK) last issued its quarterly earnings results on Monday, November 3rd. The savings and loans company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.84 by ($0.48). The business had revenue of $15.51 million during the quarter, compared to analysts’ expectations of $15.88 million. CF Bankshares had a net margin of 12.78% and a return on equity of 9.23%.

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.