C&F Financial Corporation Announces Quarterly Dividend
The board of directors of CFFI has approved a regular cash dividend of 38 cents per share, set to be paid on April 1, 2021, to shareholders on record as of March 12, 2021. This decision reflects ongoing evaluations of economic conditions, capital requirements, and anticipated future earnings. CFFI operates 31 retail banking offices and provides various financial services across several states, including mortgage and auto loans.
- Declared a cash dividend of 38 cents per share.
- Demonstrates financial stability and confidence in future earnings.
- None.
WEST POINT, Va., Feb. 18, 2021 (GLOBE NEWSWIRE) -- The board of directors of C&F Financial Corporation (NASDAQ:CFFI) has declared a regular cash dividend of 38 cents per share, which is payable April 1, 2021 to shareholders of record on March 12, 2021.
The Board of Directors of the Corporation continually reviews the amount of cash dividends per share and the resulting dividend payout ratio in light of changes in economic conditions, current and future capital requirements, and expected future earnings.
About C&F
C&F Bank operates 31 retail banking offices and three commercial loan offices located throughout the Hampton to Charlottesville corridor and the Northern Neck region in Virginia and offers full wealth management services through its subsidiary C&F Wealth Management, Inc. C&F Mortgage Corporation and its subsidiary C&F Select LLC provide mortgage loan origination services through offices located in Virginia, Maryland, North Carolina, South Carolina and West Virginia. C&F Finance Company provides automobile, marine and recreational vehicle loans through indirect lending programs offered in Alabama, Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Maryland, Minnesota, Missouri, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia and West Virginia through its offices in Richmond and Hampton, Virginia.
Additional information regarding the Corporation’s products and services, as well as access to its filings with the Securities and Exchange Commission, are available on the Corporation’s website at http://www.cffc.com.
| Contact: | Jason Long |
| Chief Financial Officer and Secretary | |
| (804) 843-2360 |
FAQ
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