C&F Financial Corporation Announces Quarterly Dividend

Rhea-AI Summary

The board of directors of C&F Financial Corporation (NASDAQ:CFFI) has announced a regular cash dividend of 40 cents per share. This dividend is payable on April 1, 2022, to shareholders who are on record by March 15, 2022.

The Board continuously evaluates the dividend amount and payout ratio based on economic conditions, capital needs, and anticipated earnings.

Positive

• Regular cash dividend of 40 cents per share indicates financial health and commitment to returning income to shareholders.

Negative

• None.

TOANO, Va., Feb. 16, 2022 (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 April 1, 2022 to shareholders of record on March 15, 2022.  

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 eastern and central 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 payment date for CFFI in 2022?

The dividend payment date for CFFI is April 1, 2022.

What is the amount of the cash dividend declared by CFFI?

CFFI declared a cash dividend of 40 cents per share.

Who is eligible to receive the CFFI dividend?

Shareholders of record by March 15, 2022, are eligible to receive the dividend.

How often does CFFI declare dividends?

CFFI's board regularly reviews and declares dividends based on various factors, although the frequency may vary.