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

Rhea-AI Summary

CF Bankshares (NASDAQ: CFBK), parent of CFBank, announced a quarterly cash dividend. The Board declared a $0.09 per share dividend on common stock and $9.00 per share on Series D preferred stock, which is convertible into 100 common shares. The dividend is payable July 21, 2026 to shareholders of record on July 13, 2026.

Positive

• Declared $0.09 per share quarterly dividend on common stock
• Declared $9.00 per share quarterly dividend on Series D preferred
• Series D preferred convertible into 100 common shares per preferred share
• Dividend payable July 21, 2026 to holders of record July 13, 2026

Negative

• None.

News Market Reaction – CFBK

+0.38%

+0.38% Session close to close

In the Jul 1 session, CFBK gained 0.38%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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COLUMBUS, Ohio, July 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 July 21, 2026 to shareholders of record as of the close of business on July 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 quarterly dividend did CF Bankshares (NASDAQ: CFBK) declare on its common stock for July 2026?

CF Bankshares declared a quarterly cash dividend of $0.09 per share on its common stock. According to CF Bankshares, this dividend will be paid on July 21, 2026 to shareholders of record as of the close of business on July 13, 2026.

What is the Series D preferred stock dividend announced by CF Bankshares (CFBK) on July 1, 2026?

CF Bankshares announced a $9.00 per share quarterly cash dividend on its Series D preferred stock. According to CF Bankshares, each Series D preferred share is convertible into 100 common shares, with the dividend payable July 21, 2026 to holders of record on July 13, 2026.

When is the record date and payment date for CF Bankshares (CFBK) July 2026 dividend?

The record date is July 13, 2026, and the payment date is July 21, 2026. According to CF Bankshares, shareholders of record at the close of business on July 13, 2026 will receive the declared quarterly cash dividends on both common and Series D preferred stock.

How is CF Bankshares Series D preferred stock related to its common stock (CFBK)?

Each share of CF Bankshares Series D preferred stock is convertible into 100 shares of common stock. According to CF Bankshares, this preferred series also receives a $9.00 per share quarterly dividend, alongside the $0.09 per share dividend on common stock announced for July 2026.

What does the CF Bankshares (CFBK) July 2026 dividend announcement mean for preferred shareholders?

Preferred shareholders will receive a $9.00 per share quarterly cash dividend on Series D preferred stock. According to CF Bankshares, this dividend is payable July 21, 2026 to Series D holders of record July 13, 2026, with each preferred share convertible into 100 common shares.