<div id="readability-page-1"><p><strong>CF Bankshares Inc.</strong> (NASDAQ:CFBK - Get Free Report) declared a quarterly dividend on Wednesday, October 1st, RTT News reports. Investors of record on Monday, October 13th will be paid a dividend of 0.08 per share by the savings and loans company on Tuesday, October 21st. This represents a c) dividend on an annualized basis and a yield of 1.3%.</p><div><p><span></span><span>Get <strong>CF Bankshares</strong> alerts:</span></p></div><p>CF Bankshares has a payout ratio of 8.2% meaning its dividend is sufficiently covered by earnings. </p><h2>CF Bankshares Stock Performance</h2><p>NASDAQ:CFBK remained flat at $23.95 during trading hours on Wednesday. 2,726 shares of the company's stock were exchanged, compared to its average volume of 22,369. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.13 and a current ratio of 1.13. CF Bankshares has a fifty-two week low of $19.22 and a fifty-two week high of $31.17. The stock has a market cap of $138.24 million, a price-to-earnings ratio of 8.62 and a beta of 0.42. The company's 50 day simple moving average is $24.39 and its 200 day simple moving average is $23.47. </p><p>CF Bankshares (NASDAQ:CFBK - Get Free Report) last posted its earnings results on Monday, August 4th. The savings and loans company reported $0.77 EPS for the quarter, topping analysts' consensus estimates of $0.72 by $0.05. CF Bankshares had a net margin of 14.20% and a return on equity of 10.44%. The business had revenue of $15.58 million during the quarter, compared to the consensus estimate of $14.73 million. </p><h2>Insider Buying and Selling</h2><p>In related news, CEO Timothy T. O'dell sold 10,833 shares of the company's stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $25.50, for a total transaction of $276,241.50. Following the transaction, the chief executive officer directly owned 290,121 shares in the company, valued at approximately $7,398,085.50. This represents a 3.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders have sold 20,000 shares of company stock worth $508,735. Corporate insiders own  21.00% of the company's stock. </p><h2>Hedge Funds Weigh In On CF Bankshares</h2><p>A number of hedge funds have recently added to or reduced their stakes in CFBK. Goldman Sachs Group Inc. boosted its stake in shares of  CF Bankshares by 30.5% during the first quarter. Goldman Sachs Group Inc. now owns 20,998 shares of the savings and loans company's stock valued at $463,000 after purchasing an additional 4,910 shares in the last quarter.  Millennium Management LLC purchased a new stake in  CF Bankshares during the fourth quarter valued at approximately $395,000.  Citadel Advisors LLC purchased a new stake in  CF Bankshares during the fourth quarter valued at approximately $251,000.  Truffle Hound Capital LLC lifted its position in  CF Bankshares by 8.2% during the first quarter. Truffle Hound Capital LLC now owns 86,520 shares of the savings and loans company's stock valued at $1,907,000 after acquiring an additional 6,520 shares during the last quarter.  Finally, Jane Street Group LLC purchased a new stake in  CF Bankshares during the first quarter valued at approximately $263,000. 41.06% of the stock is currently owned by institutional investors. </p><h2>CF Bankshares Company Profile</h2> (Get Free Report)<p>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 offers single-family mortgage loans; commercial real estate and multi-family residential mortgage loans; commercial loans and equipment leases; residential real estate loans and treasury management depository services; retail banking services and products.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than CF Bankshares</li><li>Breakout Stocks: What They Are and How to Identify Them</li><li>Is Intuitive Surgical the Hidden Winner in Healthcare’s Weakness?</li><li>How Investors Can Find the Best Cheap Dividend Stocks</li><li>Lithium Americas Stock Exploded Last Week—Here’s Why</li><li>The Role Economic Reports Play in a Successful Investment Strategy</li><li>Why Amazon’s Latest Upgrade Might Be Its Most Important Yet</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/DividendChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q0ZCSw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/DividendChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q0ZCSw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in CF Bankshares Right Now?</h2><p>Before you consider CF Bankshares, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CF Bankshares wasn't on the list.</p><p>While CF Bankshares currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

CFBK

<p>CF Bankshares Inc. (NASDAQ:CFBK) has announced a quarterly dividend of $0.08 per share, payable on October 21st to investors of record as of October 13th. This results in an annualized yield of 1.3%. The company has a payout ratio of 8.2%, indicating strong earnings coverage for the dividend. CF Bankshares reported a net margin of 14.20% and a return on equity of 10.44% in its last earnings report. The stock remained flat at $23.95 during trading on the announcement day.</p>

CF Bankshares Inc. (NASDAQ:CFBK) Plans $0.08 Quarterly Dividend