CF Bankshares Inc., Parent Of CFBank, NA, Announces Quarterly Cash Dividend.

Rhea-AI Summary

CF Bankshares Inc. (NASDAQ: CFBK) has announced a quarterly cash dividend of $0.03 per share, scheduled for payment on August 2, 2021. Shareholders of record by the close of business on July 22, 2021 will receive this dividend. The company, based in Ohio, has been providing personalized banking services since 1892, focusing on closely held businesses and offering a range of financial products.

Positive

• Dividend of $0.03 per share enhances shareholder income.
• Demonstrates company confidence in financial stability.

Negative

• None.

COLUMBUS, Ohio, July 12, 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 $0.03 per share payable on August 2, 2021, to shareholders of record as of the close of business on July 22, 2021.

About CF Bankshares Inc. and CFBank

CF Bankshares Inc. is the holding company for CFBank, N.A. a national bank formed in Ohio in 1892.  CFBank has a presence in four major Metro Markets – Columbus, Cleveland, and Cincinnati, Ohio and Indianapolis, Indiana, as well as its two locations in Columbiana County, Ohio.  CFBank provides personalized business banking products and services including commercial loans and equipment leases, commercial and residential real estate loans and treasury management depository services.  Our products and services are particularly focused on serving the banking and financing needs of closely held businesses and our business model emphasizes personalized service, customer access to decision makers, quick execution, and the convenience of online internet banking, mobile banking, remote deposit and corporate treasury management. Additional information about CF Bankshares Inc. and CFBank is available at www.CF.Bank.

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SOURCE CF Bankshares Inc.

FAQ

What is the dividend amount announced by CF Bankshares Inc.?

CF Bankshares Inc. announced a quarterly cash dividend of $0.03 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on August 2, 2021.

Who is eligible to receive the dividend from CF Bankshares Inc.?

Shareholders recorded as of the close of business on July 22, 2021, are eligible to receive the dividend.

How often does CF Bankshares Inc. pay dividends?

CF Bankshares Inc. pays dividends quarterly.