CF Bankshares (CFBK) Raises Quarterly Dividend 33.3% to $0.04; 0.8% Yield

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Go back to CF Bankshares (CFBK) Raises Quarterly Dividend 33.3% to $0.04; 0.8% Yield

CF Bankshares Inc., Parent Of CFBank, NA, Announces 33% Increase In Quarterly Cash Dividend And Expansion Of Stock Repurchase Plan

October 5, 2021 9:00 AM EDT

COLUMBUS, Ohio, Oct. 5, 2021 /PRNewswire/ -- CF Bankshares Inc. (NASDAQ: CFBK) (the "Company"), the parent of CFBank, NA, today announced that the Board of Directors of the Company declared a quarterly cash dividend on its common stock of $0.04 per share, which represents a 33% increase over its previous quarterly dividend.  The dividend is payable on November 2, 2021 to shareholders of record as of the close of business on October 22, 2021. 

Additionally, the Company is increasing the maximum number of shares that can be repurchased under its previously announced stock repurchase program to 350,000 and extending the... More