C&F Financial Corp (NASDAQ:CFFI) declared a quarterly dividend on Thursday, May 23rd, Wall Street Journal reports. Stockholders of record on Friday, June 14th will be paid a dividend of 0.37 per share by the financial services provider on Monday, July 1st. This represents a $1.48 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date is Thursday, June 13th.
C&F Financial has raised its dividend by an average of 4.8% annually over the last three years and has increased its dividend every year for the last 7 years.
Shares of NASDAQ CFFI opened at $47.16 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.97 and a debt-to-equity ratio of 0.93. The stock has a market cap of $167.90 million, a PE ratio of 9.45 and a beta of 0.56. C&F Financial has a 52 week low of $45.77 and a 52 week high of $67.40.
A hedge fund recently raised its stake in C&F Financial stock. Geode Capital Management LLC raised its holdings in C&F Financial Corp (NASDAQ:CFFI) by 6.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 29,395 shares of the financial services provider’s stock after buying an additional 1,794 shares during the quarter. Geode Capital Management LLC owned 0.84% of C&F Financial worth $1,564,000 at the end of the most recent quarter. Institutional investors and hedge funds own 35.29% of the company’s stock.
Separately, ValuEngine lowered C&F Financial from a “hold” rating to a “sell” rating in a report on Tuesday, April 23rd.
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About C&F Financial
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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