The board of directors of C&F Financial Corporation has declared a quarterly cash dividend of 44 cents per share, payable to shareholders of record on March 15, 2023, and payable on April 1, 2023.
This dividend represents a 5% increase compared to the prior quarter’s dividend of 42 cents per share. The board continuously evaluates the number of cash dividends per share and the resulting payout ratio, taking into account changes in economic conditions, current and anticipated future earnings, and current and future capital requirements.
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About C&F Finance
C&F Bank maintains 31 banking offices and four commercial loan offices in eastern and central Virginia. Through its subsidiary, C&F Wealth Management, Inc., it offers comprehensive wealth management services.
In Virginia, Maryland, North Carolina, South Carolina, and West Virginia, C&F Mortgage Corporation and its subsidiary C&F Select LLC offer mortgage loan origination services.
In several states, including 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, C&F Finance Company offers loans for automobiles, boats, and recreational vehicles through indirect lending programs. The C&F Finance Company is headquartered in Henrico, Virginia.
Visit http://www.cffc.com to learn more about the Corporation’s products and services or to access its filings with the Securities and Exchange Commission.
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