CF Bankshares Inc. operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States. The company accepts savings, retail and business checking accounts, and money market accounts, as well as certificates of deposit. It also offers single-family mortgage loans; commercial real estate and multi-family residential mortgage loans; commercial loans; construction and land loans; and consumer loans, such as home equity lines of credit, home improvement loans, and loans secured by deposits and purchased loans, as well as other loans. In addition, the company provides Internet and mobile banking, remote deposit, and treasury management depository services. As of December 31, 2021, it operated five branch offices located in Franklin, Cuyahoga, Hamilton, and Summit counties, Ohio; and a loan production office located in Franklin County, Ohio. The company was formerly known as Central Federal Corporation and changed its name to CF Bankshares Inc. in July 2020. CF Bankshares Inc. was founded in 1892 and is based in Worthington, Ohio.
CF Bankshares Dividend Announcement
• CF Bankshares announced a quarterly dividend of $0.07 per ordinary share which will be made payable on 2024-10-19. Ex dividend date: 2024-10-11
• CF Bankshares annual dividend for 2024 was $0.25
• CF Bankshares annual dividend for 2023 was $0.23
• CF Bankshares's trailing twelve-month (TTM) dividend yield is 1.24%
• CF Bankshares's payout ratio for the trailing twelve months (TTM) is 11.82%
CF Bankshares Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-11 | $0.07 | quarterly | 2024-10-19 |
2024-07-11 | $0.06 | quarterly | 2024-07-19 |
2024-04-17 | $0.06 | quarterly | 2024-04-29 |
2024-01-12 | $0.06 | quarterly | 2024-01-29 |
2023-10-13 | $0.06 | quarterly | 2023-10-27 |
2023-07-20 | $0.06 | quarterly | 2023-08-01 |
2023-04-14 | $0.06 | quarterly | 2023-04-28 |
2023-01-13 | $0.05 | quarterly | 2023-01-31 |
2022-10-13 | $0.05 | quarterly | 2022-10-25 |
2022-07-14 | $0.05 | quarterly | 2022-07-26 |
2022-04-13 | $0.04 | quarterly | 2022-04-25 |
2022-01-20 | $0.04 | quarterly | 2022-02-01 |
2021-10-21 | $0.04 | quarterly | 2021-11-02 |
2021-07-21 | $0.03 | quarterly | 2021-08-02 |
2021-04-21 | $0.03 | quarterly | 2021-05-03 |
2021-01-20 | $0.03 | quarterly | 2021-02-01 |
2020-11-04 | $0.03 | quarterly | 2020-11-16 |
2008-12-31 | $0.05 | quarterly | 2009-01-16 |
2008-10-02 | $0.05 | quarterly | 2008-10-17 |
2008-07-02 | $0.05 | quarterly | 2008-07-18 |
2008-04-03 | $0.05 | quarterly | 2008-04-18 |
2008-01-03 | $0.05 | quarterly | 2008-01-18 |
2007-09-27 | $0.05 | quarterly | 2007-10-12 |
2007-06-28 | $0.09 | quarterly | 2007-07-13 |
2007-03-29 | $0.09 | quarterly | 2007-04-13 |
2006-12-28 | $0.09 | quarterly | 2007-01-12 |
2006-09-28 | $0.09 | quarterly | 2006-10-13 |
2006-06-29 | $0.09 | quarterly | 2006-07-14 |
2006-03-30 | $0.09 | quarterly | 2006-04-14 |
2005-12-29 | $0.09 | quarterly | 2006-01-16 |
2005-09-29 | $0.09 | quarterly | 2005-10-14 |
2005-06-30 | $0.09 | quarterly | 2005-07-18 |
2005-03-31 | $0.09 | quarterly | 2005-04-15 |
2004-12-30 | $0.09 | quarterly | 2005-01-14 |
2004-09-30 | $0.09 | quarterly | 2004-10-15 |
2004-07-01 | $0.09 | quarterly | 2004-07-19 |
2004-04-01 | $0.09 | quarterly | 2004-04-16 |
2004-01-06 | $0.09 | quarterly | 2004-01-19 |
2003-10-02 | $0.09 | quarterly | 2003-10-17 |
2003-07-02 | $0.09 | quarterly | 2003-07-18 |
2003-04-02 | $0.09 | quarterly | 2003-04-21 |
2002-12-31 | $0.09 | quarterly | 2003-01-15 |
2002-10-03 | $0.09 | quarterly | 2002-10-21 |
2002-07-03 | $0.09 | quarterly | 2002-07-22 |
2002-04-04 | $0.09 | quarterly | 2002-04-22 |
2002-01-03 | $0.09 | quarterly | 2002-01-18 |
CF Bankshares Dividend per year
CF Bankshares Dividend growth
CF Bankshares Dividend Yield
CF Bankshares current trailing twelve-month (TTM) dividend yield is 1.24%. Interested in purchasing CF Bankshares stock? Use our calculator to estimate your expected dividend yield:
CF Bankshares Financial Ratios
CF Bankshares Dividend FAQ
Other factors to consider when evaluating CF Bankshares as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: CF Bankshares's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, CF Bankshares publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, CF Bankshares distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from CF Bankshares are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: CF Bankshares sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, CF Bankshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CF Bankshares declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of CF Bankshares's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review CF Bankshares's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.