C&F Financial Co. (NASDAQ:CFFI) to Issue $0.44 Quarterly Dividend

C&F Financial Co. (NASDAQ:CFFI) declared a quarterly dividend on Tuesday, August 20th, Wall Street Journal reports. Stockholders of record on Friday, September 13th will be given a dividend of 0.44 per share by the financial services provider on Tuesday, October 1st. This represents a $1.76 annualized dividend and a dividend yield of 3.09%. The ex-dividend date of this dividend is Friday, September 13th.

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

C&F Financial Stock Up 1.8 %

Shares of NASDAQ:CFFI opened at $56.99 on Thursday. C&F Financial has a 52 week low of $33.51 and a 52 week high of $72.00. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.88 and a current ratio of 0.90. The company has a market cap of $191.37 million, a PE ratio of 9.40 and a beta of 0.37. The firm has a 50 day simple moving average of $53.49 and a 200 day simple moving average of $48.35.

C&F Financial (NASDAQ:CFFI) last released its earnings results on Wednesday, July 24th. The financial services provider reported $1.50 earnings per share (EPS) for the quarter. C&F Financial had a return on equity of 9.05% and a net margin of 12.16%. The company had revenue of $31.15 million during the quarter.

Insiders Place Their Bets

In other news, Director Charles Elis Olsson sold 500 shares of the company’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $57.01, for a total value of $28,505.00. Following the transaction, the director now owns 9,375 shares in the company, valued at approximately $534,468.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 6.30% of the company’s stock.

C&F Financial Company Profile

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.