C&F Financial (CFFI) Declares $0.32 Quarterly Dividend; New Director Named

C&F Financial (NASDAQ: CFFI) declared a quarterly dividend of $0.32 per share, or $1.28 annualized.

The dividend will be payable on April 1, 2016, to stockholders of record on March 15, 2016, with an ex-dividend date of March 11, 2016.

The annual yield on the dividend is 3.2 percent.

In further news, on February 23, 2016, the board of directors appointed James T. Napier a director of C&F Financial Corporation. Mr. Napier is the president of Napier Realtors ERA, which is headquartered in Chesterfield County Virginia with branch offices serving Powhatan County, Henrico County, the City of Richmond and the tri-cities area. Mr. Napier has been president of the firm since 1991 and involved in the real estate business since 1976. Mr. Napier served on the board of directors of Central Virginia Bankshares, Inc. from 1997 until its acquisition by C&F Financial Corporation in 2013. Since that time, Mr. Napier has served as a director of C&F Bank. Mr. Napier’s experiences in real estate, as the president of a real estate company and on the board of a community bank provide him the leadership skills and attributes desired to serve as a director of C&F Financial Corporation. Mr. Napier will also serve on C&F Financial Corporation’s Audit and Nominating Committees.

For a dividend history and other dividend-related data on C&F Financial (CFFI) click here.

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