CF BANKSHARES INC., PARENT OF CFBANK, NA, ANNOUNCES QUARTERLY CASH DIVIDEND.

Rhea-AI Summary

CF Bankshares (NASDAQ: CFBK) declared a quarterly cash dividend of $0.09 per common share and $9.00 per Series D preferred share, with each Series D share convertible into 100 common shares. The dividend is payable April 21, 2026 to holders of record as of April 13, 2026.

This represents a scheduled cash return to shareholders with clear record and payment dates disclosed.

Positive

• Declared $0.09 common share quarterly dividend
• Series D preferred dividend of $9.00 per share
• Series D convertible into 100 common shares, providing conversion optionality

Negative

• Quarterly dividend size may be immaterial for investors seeking higher yield

News Market Reaction – CFBK

+0.39%

+0.39% Session close to close

In the Apr 1 session, CFBK gained 0.39%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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COLUMBUS, Ohio, April 1, 2026 /PRNewswire/ -- CF Bankshares Inc. (NASDAQ: CFBK) (the "Company"), the parent of CFBank, NA, today announced that the Board of Directors of the Company declared a $0.09 per share quarterly cash dividend on its common stock and a corresponding $9.00 per share quarterly cash dividend on its Series D preferred stock.   Each share of Series D preferred stock is convertible into 100 shares of common stock.  The dividend is payable on April 21, 2026 to shareholders of record as of the close of business on April 13, 2026.

About CF Bankshares Inc. and CFBank

CF Bankshares Inc. (the "Company") is a holding company that owns 100% of the stock of CFBank, National Association ("CFBank"). CFBank is a nationally chartered boutique Commercial bank operating primarily in Five (5) Major Metro Markets: Columbus, Cleveland, Cincinnati, and Akron Ohio, and Indianapolis, Indiana. The current Leadership Team and Board recapitalized the Company and CFBank in 2012 during the financial crisis, repositioning CFBank as a full-service Commercial Bank model.

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.

Additional information about the Company and CFBank is available at www.CF.Bank

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SOURCE CF BANKSHARES INC.

FAQ

What dividend did CF Bankshares (CFBK) declare for April 2026 and when is it payable?

The company declared a $0.09 per common share quarterly cash dividend, payable April 21, 2026. According to the company, the payment date follows the record date of April 13, 2026 for shareholders of record.

What is the Series D preferred dividend and conversion feature for CFBK announced April 1, 2026?

CF Bankshares declared a $9.00 quarterly dividend on Series D preferred shares, each convertible into 100 common shares. According to the company, the dividend is payable April 21, 2026 to holders of record as of April 13, 2026.

Who is eligible to receive the CFBK dividend announced April 1, 2026?

Shareholders of record as of the close of business on April 13, 2026 are eligible to receive the dividend. According to the company, eligible holders will be paid on April 21, 2026.

How might the CFBK $0.09 quarterly dividend affect existing common shareholders?

The dividend provides a modest cash return of $0.09 per share for common holders. According to the company, this is a scheduled distribution with the payment and record dates specified in the announcement.

Does the Series D conversion impact CFBK common share supply after the April 2026 dividend?

Each Series D preferred share converts into 100 common shares, which can increase common share count if exercised. According to the company, the conversion feature is part of the Series D terms disclosed alongside the dividend.