C&F Financial Corporation Announces Quarterly Dividend
Rhea-AI Summary
C&F Financial (NASDAQ:CFFI) has announced a regular cash dividend of 44 cents per share, payable on October 1, 2024 to shareholders of record as of September 13, 2024. The company's board of directors regularly reviews dividend amounts and payout ratios considering economic conditions, capital requirements, and expected future earnings.
C&F Bank operates 31 banking offices and four commercial loan offices in eastern and central Virginia, offering full wealth management services through its subsidiary. C&F Mortgage and C&F Select provide mortgage loan origination services across multiple states. C&F Finance Company offers automobile, marine, and recreational vehicle loans through indirect lending programs in 21 states from its headquarters in Henrico, Virginia.
Positive
- Regular cash dividend of 44 cents per share declared
- Extensive banking network with 31 banking offices and 4 commercial loan offices
- Diversified services including wealth management and mortgage loan origination
- Wide geographical presence for indirect lending programs across 21 states
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- None.
TOANO, Va., Aug. 21, 2024 (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 October 1, 2024 to shareholders of record on September 13, 2024.
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 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 |
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