C&F Financial Co. (NASDAQ:CFFI) Announces Quarterly Dividend of $0.46

C&F Financial Co. (NASDAQ:CFFI) announced a quarterly dividend on Thursday, February 20th, RTT News reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.46 per share by the financial services provider on Tuesday, April 1st. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.27%. This is an increase from C&F Financial’s previous quarterly dividend of $0.44.

C&F Financial has increased its dividend payment by an average of 3.7% per year over the last three years.

C&F Financial Stock Performance

C&F Financial stock opened at $81.09 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.88 and a debt-to-equity ratio of 0.41. The firm has a 50-day moving average of $75.63 and a 200-day moving average of $67.16. The firm has a market cap of $261.92 million, a P/E ratio of 13.45 and a beta of 0.38. C&F Financial has a 1-year low of $33.51 and a 1-year high of $89.90.

C&F Financial (NASDAQ:CFFI) last posted its earnings results on Tuesday, January 28th. The financial services provider reported $1.87 earnings per share for the quarter. C&F Financial had a net margin of 11.67% and a return on equity of 8.97%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of C&F Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, November 19th.

Insider Buying and Selling

In other C&F Financial news, CEO Bryan Edwin Mckernon sold 1,262 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $76.00, for a total transaction of $95,912.00. Following the completion of the transaction, the chief executive officer now owns 13,245 shares of the company’s stock, valued at approximately $1,006,620. This trade represents a 8.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Thomas F. Cherry sold 731 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $78.00, for a total transaction of $57,018.00. Following the transaction, the chief executive officer now directly owns 38,328 shares of the company’s stock, valued at $2,989,584. This represents a 1.87 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 3,993 shares of company stock valued at $301,950 over the last three months. Corporate insiders own 6.30% of the company’s stock.

C&F Financial Company Profile

C&F Financial Corp. is a bank holding company, which engages in the provision of banking services to individuals and businesses. It operates through the following segments: Community Banking, Mortgage Banking and Consumer Finance. The Community Banking segment provides checking and savings deposit accounts, business, real estate, development, mortgage, home equity, and installment loans.