C&F Financial Corporation (NASDAQ:CFFI) Announces Quarterly Dividend of $0.48

C&F Financial Corporation (NASDAQ:CFFI) announced a quarterly dividend on Wednesday, May 20th. Investors of record on Monday, June 15th will be paid a dividend of 0.48 per share by the financial services provider on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Monday, June 15th.

C&F Financial has increased its dividend by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 1 years.

C&F Financial Price Performance

CFFI stock opened at $73.83 on Thursday. The company has a market capitalization of $239.95 million, a P/E ratio of 8.49 and a beta of 0.35. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.88 and a current ratio of 0.88. C&F Financial has a 52-week low of $57.09 and a 52-week high of $80.99. The business has a 50-day simple moving average of $74.06 and a two-hundred day simple moving average of $73.07.

C&F Financial (NASDAQ:CFFI) last released its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $2.08 earnings per share (EPS) for the quarter. The business had revenue of $36.26 million during the quarter. C&F Financial had a return on equity of 11.03% and a net margin of 14.84%.

Insider Transactions at C&F Financial

In other C&F Financial news, Director Elizabeth R. Kelley sold 1,025 shares of C&F Financial stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $73.00, for a total transaction of $74,825.00. Following the completion of the transaction, the director owned 4,022 shares in the company, valued at approximately $293,606. The trade was a 20.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 6.40% of the company’s stock.

Hedge Funds Weigh In On C&F Financial

Hedge funds and other institutional investors have recently modified their holdings of the business. BNP Paribas Financial Markets boosted its stake in shares of C&F Financial by 370.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 423 shares of the financial services provider’s stock worth $26,000 after buying an additional 333 shares during the last quarter. New York State Common Retirement Fund purchased a new position in shares of C&F Financial in the 2nd quarter worth approximately $105,000. Rhumbline Advisers boosted its stake in shares of C&F Financial by 2,137.3% in the 2nd quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider’s stock worth $196,000 after buying an additional 3,035 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of C&F Financial by 40.7% in the 1st quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider’s stock worth $361,000 after buying an additional 1,550 shares during the last quarter. Finally, Siena Capital Partners GP LLC purchased a new position in shares of C&F Financial in the 4th quarter worth approximately $500,000. Hedge funds and other institutional investors own 37.23% of the company’s stock.

About C&F Financial

C&F Financial Corporation is the bank holding company for C&F Bank, a community?focused financial institution headquartered in Stephens City, Virginia. Founded in 1921, the company has grown from a single local bank into a regional franchise serving both retail and commercial clients. While the holding company trades on the Nasdaq under the ticker CFFI, its principal activities remain centered on traditional banking services designed to foster long-term relationships within its communities.

C&F Bank offers a full suite of deposit and lending products, including checking and savings accounts, money market accounts, certificates of deposit, and consumer and commercial loan facilities.