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C&F Financial (CFFI) will raise its quarterly dividend by 6.7 percent to $0.32 per share. This follows last year's 3.4 percent dividend hike.

C&F Financial Corporation is a bank holding company, operating through its subsidiary, Citizens and Farmers Bank (the Bank or C&F Bank), an independent commercial bank. The company engages in a range of lending activities, including residential mortgage lending and non-prime automobile lending. CFFI also has mortgage banking and consumer finance activities.