C&F Financial Corporation Announces Quarterly Dividend

Rhea-AI Summary

C&F Financial Corporation (CFFI) Declares Regular Cash Dividend of 44 Cents per Share

Positive

• Consistent dividend payout ratio reflects stable financial performance
• Dividend payout demonstrates commitment to shareholders

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• None.

TOANO, Va., Nov. 22, 2023 (GLOBE NEWSWIRE) -- The board of directors of C&F Financial Corporation (NASDAQ:CFFI) (the Corporation) has declared a regular cash dividend of 44 cents per share, which is payable January 1, 2024 to shareholders of record on December 15, 2023.

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 loan 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 from its headquarters in Henrico, 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 latest announcement from C&F Financial Corporation (CFFI)?

The latest announcement from C&F Financial Corporation (CFFI) is the declaration of a regular cash dividend of 44 cents per share.

When is the dividend payable to shareholders of C&F Financial Corporation (CFFI)?

The dividend of 44 cents per share is payable on January 1, 2024, to shareholders of record on December 15, 2023.

How does the board of directors of C&F Financial Corporation (CFFI) determine the amount of cash dividends per share?

The board of directors of C&F Financial Corporation (CFFI) reviews the amount of cash dividends per share in light of changes in economic conditions, current and future capital requirements, and expected future earnings.