C&F Financial Co. (CFFI) To Go Ex-Dividend on March 14th

C&F Financial Co. (NASDAQ:CFFI) announced a quarterly dividend on Thursday, February 20th, RTT News reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.46 per share by the financial services provider on Tuesday, April 1st. This represents a $1.84 annualized dividend and a dividend yield of 2.32%. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from C&F Financial’s previous quarterly dividend of $0.44.

C&F Financial has increased its dividend payment by an average of 3.7% annually over the last three years.

C&F Financial Trading Down 1.4 %

CFFI stock opened at $79.19 on Friday. The firm has a market cap of $255.78 million, a P/E ratio of 13.13 and a beta of 0.38. The company has a current ratio of 0.90, a quick ratio of 0.88 and a debt-to-equity ratio of 0.41. C&F Financial has a 1-year low of $33.51 and a 1-year high of $89.90. The business’s 50 day moving average is $75.63 and its 200-day moving average is $67.16.

C&F Financial (NASDAQ:CFFI) last announced its earnings results on Tuesday, January 28th. The financial services provider reported $1.87 EPS for the quarter. C&F Financial had a return on equity of 8.97% and a net margin of 11.67%.

Insider Buying and Selling at C&F Financial

In other news, CEO S Dustin Crone sold 1,400 shares of the stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $72.71, for a total transaction of $101,794.00. Following the completion of the transaction, the chief executive officer now directly owns 8,437 shares in the company, valued at $613,454.27. This represents a 14.23 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Jason E. Long sold 600 shares of the firm’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $78.71, for a total transaction of $47,226.00. Following the completion of the sale, the chief financial officer now owns 9,600 shares of the company’s stock, valued at $755,616. This trade represents a 5.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 3,993 shares of company stock worth $301,950. Insiders own 6.30% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com downgraded C&F Financial from a “buy” rating to a “hold” rating in a report on Tuesday, November 19th.

About C&F Financial

C&F Financial Corp. is a bank holding company, which engages in the provision of banking services to individuals and businesses. It operates through the following segments: Community Banking, Mortgage Banking and Consumer Finance. The Community Banking segment provides checking and savings deposit accounts, business, real estate, development, mortgage, home equity, and installment loans.