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

CF Bankshares Inc. (NASDAQ:CFBK) announced a quarterly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Monday, April 14th will be given a dividend of 0.07 per share by the savings and loans company on Tuesday, April 22nd. This represents a $0.28 annualized dividend and a dividend yield of 1.36%. The ex-dividend date is Monday, April 14th.

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

CF Bankshares Price Performance

Shares of NASDAQ CFBK traded down $1.18 during midday trading on Thursday, reaching $20.64. 11,313 shares of the company traded hands, compared to its average volume of 11,361. The stock’s 50-day simple moving average is $23.42 and its 200-day simple moving average is $24.36. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.13 and a current ratio of 1.13. CF Bankshares has a 12 month low of $16.92 and a 12 month high of $31.17. The firm has a market cap of $106.00 million, a PE ratio of 10.02 and a beta of 0.44.

CF Bankshares (NASDAQ:CFBK) last released its quarterly earnings results on Wednesday, February 12th. The savings and loans company reported $0.68 EPS for the quarter. CF Bankshares had a net margin of 10.72% and a return on equity of 8.25%.

About CF Bankshares

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.