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News  ›  Benzinga

CF BANKSHARES INC., PARENT OF CFBANK, NA, ANNOUNCES 13% INCREASE IN ITS QUARTERLY CASH DIVIDEND

Benzinga Logo Benzinga By Prnewswire
CF BANKSHARES INC., PARENT OF CFBANK, NA, ANNOUNCES 13% INCREASE IN ITS QUARTERLY CASH DIVIDEND

CF Bankshares Inc. (NASDAQ: CFBK), parent of CFBank, NA, announced a 13% increase in its quarterly cash dividend to $0.09 per share on common stock and $9.00 per share on Series D preferred stock, payable January 26, 2026. The increase reflects the company's strong performance and commitment to rewarding shareholders.

Insights
CFBK   positive

The company announced a 13% increase in quarterly dividend, demonstrating strong financial performance, profitability, and confidence in future cash flows. Dividend increases are typically viewed positively by investors as they indicate management's confidence in the company's financial health and commitment to shareholder returns.