CF Bankshares Inc. (NASDAQ:CFBK) Announces $0.06 Dividend

CF Bankshares Inc. (NASDAQ:CFBK) announced a dividend on Tuesday, July 2nd, investing.com reports. Stockholders of record on Friday, July 12th will be given a dividend of 0.06 per share by the savings and loans company on Friday, July 19th. This represents a dividend yield of 1.28%. The ex-dividend date of this dividend is Thursday, July 11th.

CF Bankshares has increased its dividend by an average of 97.2% per year over the last three years.

CF Bankshares Stock Performance

Shares of CF Bankshares stock opened at $18.94 on Tuesday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.13 and a quick ratio of 1.13. CF Bankshares has a one year low of $14.69 and a one year high of $22.00. The business has a 50-day simple moving average of $19.03 and a 200 day simple moving average of $19.94. The firm has a market capitalization of $97.16 million, a price-to-earnings ratio of 7.89 and a beta of 0.57.

CF Bankshares (NASDAQ:CFBK) last posted its earnings results on Tuesday, May 7th. The savings and loans company reported $0.47 earnings per share (EPS) for the quarter. The firm had revenue of $12.19 million during the quarter. CF Bankshares had a net margin of 13.25% and a return on equity of 10.17%.

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.