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

C&F Financial Corporation (NASDAQ:CFFI) declared a quarterly dividend on Wednesday, May 20th. Stockholders 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 dividend yield of 2.6%. The ex-dividend date is Monday, June 15th.

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

C&F Financial Price Performance

Shares of NASDAQ CFFI opened at $73.83 on Thursday. C&F Financial has a twelve month low of $57.09 and a twelve month high of $80.99. The stock’s 50 day moving average price is $74.06 and its 200-day moving average price is $73.07. The company has a market capitalization of $239.95 million, a PE ratio of 8.49 and a beta of 0.35. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.31.

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

Insider Buying and Selling

In related news, Director Elizabeth R. Kelley sold 1,025 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $73.00, for a total value of $74,825.00. Following the transaction, the director owned 4,022 shares in the company, valued at approximately $293,606. This represents a 20.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 6.40% of the company’s stock.

Hedge Funds Weigh In On C&F Financial

Institutional investors have recently bought and sold shares of the company. BNP Paribas Financial Markets raised its holdings in C&F Financial by 46.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 618 shares of the financial services provider’s stock valued at $42,000 after acquiring an additional 195 shares during the period. Geode Capital Management LLC raised its holdings in C&F Financial by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 72,922 shares of the financial services provider’s stock valued at $5,295,000 after acquiring an additional 509 shares during the period. Empowered Funds LLC raised its holdings in C&F Financial by 7.1% during the 1st quarter. Empowered Funds LLC now owns 15,218 shares of the financial services provider’s stock valued at $1,026,000 after acquiring an additional 1,015 shares during the period. Goldman Sachs Group Inc. raised its holdings in C&F Financial by 11.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider’s stock valued at $887,000 after acquiring an additional 1,339 shares during the period. Finally, Royal Bank of Canada raised its holdings in C&F Financial by 40.7% during the 1st quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider’s stock valued at $361,000 after acquiring an additional 1,550 shares during the period. 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.