CF BANKSHARES INC., PARENT OF CFBANK, NA, ANNOUNCES 17% INCREASE IN ITS QUARTERLY CASH DIVIDEND
CF Bankshares Inc. (NASDAQ: CFBK), the parent company of CFBank, NA, has announced a 17% increase in its quarterly cash dividend. The Board of Directors declared a $0.07 per share quarterly cash dividend on its common stock and a corresponding $7.00 per share quarterly cash dividend on its Series D preferred stock. The dividend will be payable on October 19, 2024 to shareholders of record as of the close of business on October 11, 2024.
Timothy T. O'Dell, President and CEO, expressed satisfaction with the company's ability to reward shareholders with this increased dividend, emphasizing that it enhances total shareholder returns. He also acknowledged the confidence and support of the shareholders.
CF Bankshares Inc. (NASDAQ: CFBK), la società madre di CFBank, NA, ha annunciato un incremento del 17% nel suo dividendo in contante trimestrale. Il Consiglio di Amministrazione ha dichiarato un dividendo trimestrale di $0,07 per azione sulle sue azioni ordinarie e un corrispondente dividendo trimestrale di $7,00 per azione sulle sue azioni preferenziali di Serie D. Il dividendo sarà pagabile il 19 ottobre 2024 agli azionisti registrati alla chiusura dell'attività del 11 ottobre 2024.
Timothy T. O'Dell, Presidente e CEO, ha espresso soddisfazione per la capacità dell'azienda di ricompensare gli azionisti con questo dividendo aumentato, sottolineando che migliora il rendimento totale per gli azionisti. Ha inoltre riconosciuto la fiducia e il sostegno degli azionisti.
CF Bankshares Inc. (NASDAQ: CFBK), la empresa matriz de CFBank, NA, ha anunciado un aumento del 17% en su dividendo en efectivo trimestral. La Junta Directiva declaró un dividendo en efectivo trimestral de $0.07 por acción sobre sus acciones comunes y un correspondiente dividendo en efectivo trimestral de $7.00 por acción sobre sus acciones preferentes de la Serie D. El dividendo será pagadero el 19 de octubre de 2024 a los accionistas registrados hasta el cierre de la jornada del 11 de octubre de 2024.
Timothy T. O'Dell, Presidente y CEO, expresó su satisfacción con la capacidad de la empresa para recompensar a los accionistas con este aumento en el dividendo, enfatizando que mejora el retorno total para los accionistas. También reconoció la confianza y el apoyo de los accionistas.
CF Bankshares Inc. (NASDAQ: CFBK), CFBank, NA의 모회사, 는 17%의 분기 현금 배당금 인상을 발표했습니다. 이사회는 보통주에 대해 주당 $0.07의 분기 현금 배당금을 선언하고, D 시리즈 우선주에 대해 주당 $7.00의 분기 현금 배당금을 선언했습니다. 배당금은 2024년 10월 19일에 2024년 10월 11일 업무 종료 시점의 주주들에게 지급될 예정입니다.
Timothy T. O'Dell, 사장 겸 CEO,는 주주에게 인상된 배당금으로 보답할 수 있는 회사의 능력에 대해 만족감을 표명하며, 이것이 주주총 수익을 향상시킨다고 강조했습니다. 그는 주주의 신뢰와 지원에 대해서도 감사의 뜻을 전했습니다.
CF Bankshares Inc. (NASDAQ: CFBK), la société mère de CFBank, NA, a annoncé une augmentation de 17% de son dividende en espèces trimestriel. Le conseil d'administration a déclaré un dividende en espèces trimestriel de 0,07 $ par action pour ses actions ordinaires et un dividende en espèces trimestriel de 7,00 $ par action pour ses actions privilégiées de série D. Le dividende sera payable le 19 octobre 2024 aux actionnaires enregistrés à la clôture des affaires le 11 octobre 2024.
Timothy T. O'Dell, Président et CEO, a exprimé sa satisfaction quant à la capacité de l'entreprise à récompenser les actionnaires avec ce dividende augmenté, soulignant que cela améliore le rendement global pour les actionnaires. Il a également reconnu la confiance et le soutien des actionnaires.
CF Bankshares Inc. (NASDAQ: CFBK), die Muttergesellschaft von CFBank, NA, hat eine 17%-Steigerung ihrer vierteljährlichen Bardividende angekündigt. Der Vorstand erklärte eine vierteljährliche Bardividende von $0,07 pro Aktie für die Stammaktien sowie eine entsprechende vierteljährliche Bardividende von $7,00 pro Aktie für die Vorzugsaktien der Serie D. Die Dividende wird am 19. Oktober 2024 an die Aktionäre ausgezahlt, die zum Schluss des Geschäftsbetriebs am 11. Oktober 2024 im Register stehen.
Timothy T. O'Dell, Präsident und CEO, äußerte sich zufrieden über die Fähigkeit des Unternehmens, die Aktionäre mit dieser erhöhten Dividende zu belohnen und betonte, dass dies die Gesamtrenditen für die Aktionäre verbessert. Er erkannte auch das Vertrauen und die Unterstützung der Aktionäre an.
- 17% increase in quarterly cash dividend
- Enhanced total shareholder returns
- Company's ability to reward shareholders indicates financial stability
- None.
Timothy T. O'Dell, President and CEO, commented, "We are pleased to reward our shareholders with a
About CF Bankshares Inc. and CFBank
CF Bankshares Inc. (the Company) is a holding company that owns
CFBank focuses on serving the financial needs of closely held businesses and entrepreneurs, by providing a comprehensive Commercial, Retail, and Mortgage Lending services presence. In all regional markets, CFBank provides commercial loans and equipment leases, commercial and residential real estate loans and treasury management depository services, residential mortgage lending, and full-service commercial and retail banking services and products. CFBank is differentiated by our penchant for individualized service coupled with direct customer access to decision-makers, and ease of doing business. CFBank matches the sophistication of much larger banks, without the bureaucracy.
CFBank was named one of Piper Sandler's "Bank & Thrift Sm-All Stars" for 2023. This recognition places us among the top
Additional information about the Company and CFBank is available at www.CF.Bank
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SOURCE CF BANKSHARES INC.
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