CF Bankshares Inc. (NASDAQ:CFBK) to Issue Quarterly Dividend of $0.07

CF Bankshares Inc. (NASDAQ:CFBK) announced a quarterly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Monday, April 14th will be paid a dividend of 0.07 per share by the savings and loans company on Tuesday, April 22nd. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date of this dividend is Monday, April 14th.

CF Bankshares has increased its dividend payment by an average of 22.9% per year over the last three years.

CF Bankshares Stock Down 3.8 %

NASDAQ:CFBK opened at $19.60 on Friday. The company has a market cap of $100.69 million, a PE ratio of 9.51 and a beta of 0.44. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.75. The company’s 50 day moving average is $23.26 and its two-hundred day moving average is $24.31. CF Bankshares has a twelve month low of $16.92 and a twelve month high of $31.17.

CF Bankshares (NASDAQ:CFBK) last posted its earnings results on Wednesday, February 12th. The savings and loans company reported $0.68 earnings per share (EPS) for the quarter. CF Bankshares had a net margin of 10.72% and a return on equity of 8.25%.

About CF Bankshares

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.