C&F Financial Co. (NASDAQ:CFFI) Declares Quarterly Dividend of $0.44

C&F Financial Co. (NASDAQ:CFFI) declared a quarterly dividend on Friday, November 22nd,Wall Street Journal reports. Investors of record on Friday, December 13th will be paid a dividend of 0.44 per share by the financial services provider on Wednesday, January 1st. This represents a $1.76 annualized dividend and a dividend yield of 2.37%. The ex-dividend date of this dividend is Friday, December 13th.

C&F Financial has raised its dividend payment by an average of 5.0% annually over the last three years and has increased its dividend every year for the last 12 years.

C&F Financial Stock Down 1.0 %

CFFI stock traded down $0.73 during mid-day trading on Friday, hitting $74.19. 8,034 shares of the company were exchanged, compared to its average volume of 12,531. The firm has a market cap of $239.63 million, a P/E ratio of 13.24 and a beta of 0.36. C&F Financial has a 1-year low of $33.51 and a 1-year high of $76.25. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.88 and a current ratio of 0.90. The firm’s 50 day simple moving average is $62.61 and its 200 day simple moving average is $54.15.

C&F Financial (NASDAQ:CFFI) last posted its quarterly earnings data on Tuesday, October 29th. The financial services provider reported $1.65 EPS for the quarter. The business had revenue of $33.46 million for the quarter. C&F Financial had a net margin of 11.39% and a return on equity of 8.58%.

Insider Transactions at C&F Financial

In related news, CEO Thomas F. Cherry sold 2,000 shares of C&F Financial stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $70.00, for a total value of $140,000.00. Following the sale, the chief executive officer now owns 39,059 shares of the company’s stock, valued at approximately $2,734,130. The trade was a 4.87 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 6.30% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded C&F Financial from a “buy” rating to a “hold” rating in a report on Tuesday.

About C&F Financial

C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank that provides banking services to individuals and businesses. It operates through three segments: Community Banking, Mortgage Banking, and Consumer Finance. The Community Banking segment offers various banking services, including checking and savings deposit accounts, as well as business, real estate, development, mortgage, home equity, and installment loans.