C&F Financial Co. (NASDAQ:CFFI) Increases Dividend to $0.46 Per Share

C&F Financial Co. (NASDAQ:CFFI) announced a quarterly dividend on Thursday, February 20th, RTT News reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.46 per share by the financial services provider on Tuesday, April 1st. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.27%. This is a positive change from C&F Financial’s previous quarterly dividend of $0.44.

C&F Financial has raised its dividend payment by an average of 3.7% per year over the last three years.

C&F Financial Trading Down 4.3 %

NASDAQ:CFFI opened at $81.09 on Friday. The company’s 50 day moving average price is $75.63 and its 200-day moving average price is $67.16. C&F Financial has a 52 week low of $33.51 and a 52 week high of $89.90. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 0.41. The stock has a market cap of $261.92 million, a price-to-earnings ratio of 13.45 and a beta of 0.38.

C&F Financial (NASDAQ:CFFI) last issued its earnings results on Tuesday, January 28th. The financial services provider reported $1.87 earnings per share (EPS) for the quarter. C&F Financial had a net margin of 11.67% and a return on equity of 8.97%.

Analyst Ratings Changes

Separately, StockNews.com cut shares of C&F Financial from a “buy” rating to a “hold” rating in a report on Tuesday, November 19th.

Insider Buying and Selling

In other news, CFO Jason E. Long sold 600 shares of C&F Financial stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $78.71, for a total transaction of $47,226.00. Following the transaction, the chief financial officer now owns 9,600 shares in the company, valued at $755,616. This trade represents a 5.88 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO S Dustin Crone sold 1,400 shares of C&F Financial stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $72.71, for a total transaction of $101,794.00. Following the transaction, the chief executive officer now owns 8,437 shares in the company, valued at $613,454.27. This represents a 14.23 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 3,993 shares of company stock worth $301,950. 6.30% of the stock is owned by insiders.

About C&F Financial

C&F Financial Corp. is a bank holding company, which engages in the provision of banking services to individuals and businesses. It operates through the following segments: Community Banking, Mortgage Banking and Consumer Finance. The Community Banking segment provides checking and savings deposit accounts, business, real estate, development, mortgage, home equity, and installment loans.