C&F increased its quarterly cash dividend from 48 cents to 50 cents per share, giving shareholders a larger payment. It says it weighs economic conditions, capital needs, and expected profits when setting dividends, but still approved the increase.
A larger payment gives shareholders more cash. The company says it reviews dividends against economic conditions, capital needs, and expected profits. That review is a caution, but the company still approved the increase and reported no related cut.
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