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Stock impact report

CF BANKSHARES INC., PARENT OF CFBANK, NA, ANNOUNCES 17% INCREASE IN ITS QUARTERLY CASH DIVIDEND

CF Bankshares Inc. (CFBK) 
Company Research Source: PR Newswire
COLUMBUS, Ohio, Oct. 1, 2024 /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 $0.07 per share quarterly cash dividend on its common stock and a corresponding $7.00 per share quarterly cash dividend on its Series D preferred stock.   This represents a 17% increase over its previous quarterly dividend.  The dividend is payable on October 19, 2024 to shareholders of record as of the close of business on October 11, 2024. Timothy T. O'Dell, President and CEO, commented, "We are pleased to reward our shareholders with a 17% increase in our dividend, which enhances total shareholder returns.  We appreciate your confidence and support!"About CF Bankshares Inc. and CFBankCF 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 Four (4) Show less Read more
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