CF Bankshares Inc. (CFBK) to Issue Quarterly Dividend of $0.06 on July 19th

CF Bankshares Inc. (NASDAQ:CFBK) announced a quarterly dividend on Monday, July 1st, investing.com reports. Stockholders of record on Thursday, July 11th will be given a dividend of 0.06 per share by the savings and loans company on Friday, July 19th. This represents a $0.24 annualized dividend and a dividend yield of 1.28%. The ex-dividend date is Thursday, July 11th.

CF Bankshares has raised its dividend by an average of 97.2% per year over the last three years.

CF Bankshares Trading Down 1.2 %

NASDAQ CFBK opened at $18.71 on Wednesday. The company has a market cap of $95.98 million, a price-to-earnings ratio of 7.80 and a beta of 0.57. The business has a 50 day moving average price of $19.03 and a 200-day moving average price of $19.94. CF Bankshares has a 52 week low of $14.69 and a 52 week high of $22.00. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.80.

CF Bankshares (NASDAQ:CFBK) last released its quarterly earnings results on Tuesday, May 7th. The savings and loans company reported $0.47 EPS for the quarter. The business had revenue of $12.19 million during the quarter. CF Bankshares had a return on equity of 10.17% and a net margin of 13.25%.

CF Bankshares Company Profile

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.