C&F Financial Co. (NASDAQ:CFFI) Increases Dividend to $0.46 Per Share

C&F Financial Co. (NASDAQ:CFFI) declared a quarterly dividend on Tuesday, February 18th, RTT News reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.46 per share by the financial services provider on Tuesday, April 1st. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.77%. The ex-dividend date is Friday, March 14th. This is a 4.5% increase from C&F Financial’s previous quarterly dividend of $0.44.

C&F Financial has raised its dividend payment by an average of 3.7% per year over the last three years.

C&F Financial Stock Up 1.6 %

Shares of CFFI opened at $66.33 on Wednesday. The company’s 50-day moving average price is $75.97 and its 200 day moving average price is $69.22. C&F Financial has a 12-month low of $33.51 and a 12-month high of $89.90. The company has a current ratio of 0.90, a quick ratio of 0.88 and a debt-to-equity ratio of 0.41. The firm has a market cap of $214.91 million, a P/E ratio of 11.00 and a beta of 0.33.

C&F Financial (NASDAQ:CFFI) last issued its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $1.87 EPS for the quarter. C&F Financial had a net margin of 11.67% and a return on equity of 8.97%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered C&F Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, November 19th.

Insider Activity at C&F Financial

In other C&F Financial news, CEO Mark A. Fox sold 1,032 shares of the stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $81.00, for a total transaction of $83,592.00. Following the sale, the chief executive officer now directly owns 11,005 shares in the company, valued at $891,405. This represents a 8.57 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 6.30% of the stock is currently owned by company insiders.

C&F Financial Company Profile

C&F Financial Corp. is a bank holding company, which engages in the provision of banking services to individuals and businesses. It operates through the following segments: Community Banking, Mortgage Banking and Consumer Finance. The Community Banking segment provides checking and savings deposit accounts, business, real estate, development, mortgage, home equity, and installment loans.