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C&F Financial Corporation Announces Quarterly Dividend

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The Board of Directors of C&F Financial Corporation (NASDAQ:CFFI) has declared a cash dividend of 40 cents per share, payable on October 1, 2021 to shareholders of record as of September 15, 2021. The board continuously assesses the dividend amount and payout ratio based on economic conditions, capital needs, and future earnings expectations. C&F Bank operates 31 banking offices and provides various financial services including wealth management and mortgage origination across several states.

Positive
  • Dividend of 40 cents per share declared, providing income to shareholders.
  • Continuous review of dividend reflects adaptability to economic conditions.
Negative
  • None.

TOANO, Va., Aug. 18, 2021 (GLOBE NEWSWIRE) -- The board of directors of C&F Financial Corporation (NASDAQ:CFFI) has declared a regular cash dividend of 40 cents per share, which is payable October 1, 2021 to shareholders of record on September 15, 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 banking offices and four commercial lending 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

What is the dividend amount declared by CFFI?

CFFI declared a cash dividend of 40 cents per share.

When will the CFFI dividend be paid?

The dividend will be paid on October 1, 2021.

Who are the shareholders eligible for the CFFI dividend?

Shareholders of record on September 15, 2021, are eligible for the dividend.

How does CFFI determine its dividend payout?

CFFI reviews economic conditions, capital requirements, and expected earnings to determine its dividend payout.

C&F Financial Corp

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