CF Bankshares Increases Quarterly Dividend From $0.06 To $0.07/Share
Portfolio Pulse from Benzinga Newsdesk
CF Bankshares has announced a 17% increase in its quarterly dividend, raising it to $0.07 per share. This move reflects the company's strong financial position and commitment to returning value to shareholders.
October 01, 2024 | 1:04 pm
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CF Bankshares has increased its quarterly dividend by 17% to $0.07 per share, indicating a positive financial outlook and a commitment to shareholder returns.
The increase in dividend suggests that CF Bankshares is in a strong financial position and is committed to returning value to its shareholders. This is likely to be viewed positively by investors, potentially leading to a short-term increase in the stock price.
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