C&F Financial Corp (NASDAQ:CFFI) announced a quarterly dividend on Wednesday, May 20th, Zacks reports. Stockholders of record on Monday, June 15th will be given a dividend of 0.38 per share by the financial services provider on Wednesday, July 1st. This represents a $1.52 annualized dividend and a dividend yield of 4.54%. The ex-dividend date of this dividend is Friday, June 12th.
C&F Financial has raised its dividend payment by an average of 4.6% per year over the last three years and has raised its dividend every year for the last 8 years.
Shares of C&F Financial stock traded up $0.20 on Friday, reaching $33.48. The stock had a trading volume of 97 shares, compared to its average volume of 8,103. The company has a 50 day moving average price of $33.86 and a 200 day moving average price of $45.78. The company has a quick ratio of 0.90, a current ratio of 0.99 and a debt-to-equity ratio of 0.79. C&F Financial has a 1 year low of $28.00 and a 1 year high of $57.61. The stock has a market capitalization of $127.41 million, a P/E ratio of 6.25 and a beta of 0.48.
Separately, ValuEngine downgraded shares of C&F Financial from a “hold” rating to a “sell” rating in a research report on Wednesday, April 1st.
In other news, Chairman Larry G. Dillon acquired 1,000 shares of the business’s stock in a transaction dated Thursday, March 12th. The shares were purchased at an average price of $32.00 per share, with a total value of $32,000.00. Following the transaction, the chairman now directly owns 43,812 shares in the company, valued at $1,401,984. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In the last ninety days, insiders bought 2,145 shares of company stock worth $75,376. Insiders own 5.60% 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. The company's Retail Banking offers various banking services, including checking and savings deposit accounts, as well as business, real estate, development, mortgage, home equity, and installment loans.
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