CF Bankshares increases quarterly cash dividend 14% to 8c per share

CF Bankshares (CFBK) declared an 8c per share quarterly cash dividend on its common stock and a corresponding $8.00 per share quarterly cash dividend on its Series D preferred stock. This represents a 14% increase over its previous quarterly dividend. The dividend is payable on July 21 to shareholders of record as of the close of business on July 11.