CF Bankshares Inc. (NASDAQ:CFBK) Declares $0.06 Quarterly Dividend

CF Bankshares Inc. (NASDAQ:CFBK) declared a quarterly dividend on Monday, July 1st, investing.com reports. Stockholders of record on Thursday, July 11th will be paid 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 of this dividend is Thursday, July 11th.

CF Bankshares has increased its dividend by an average of 97.2% annually over the last three years.

CF Bankshares Trading Down 1.2 %

Shares of CF Bankshares stock opened at $18.71 on Wednesday. The stock has a market cap of $95.98 million, a P/E ratio of 7.80 and a beta of 0.57. The stock’s 50 day simple moving average is $19.03 and its 200-day simple moving average is $19.94. CF Bankshares has a 1-year low of $14.69 and a 1-year high of $22.00. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.13 and a quick ratio of 1.13.

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 firm had revenue of $12.19 million for the quarter. CF Bankshares had a net margin of 13.25% and a return on equity of 10.17%.

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.