Malaga Financial Co. to Issue Quarterly Dividend of $0.25 (OTCMKTS:MLGF)

Malaga Financial Co. (OTCMKTS:MLGF) declared a quarterly dividend on Friday, November 15th,NASDAQ Dividends reports. Stockholders of record on Friday, December 20th will be paid a dividend of 0.25 per share on Thursday, January 2nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.36%. The ex-dividend date of this dividend is Friday, December 20th.

Malaga Financial Stock Up 0.1 %

Malaga Financial stock traded up $0.02 during trading hours on Wednesday, hitting $22.92. The stock had a trading volume of 4,276 shares, compared to its average volume of 3,110. The company has a 50-day moving average of $22.86 and a two-hundred day moving average of $22.74. The company has a market cap of $205.71 million, a PE ratio of 8.92 and a beta of 0.48. Malaga Financial has a fifty-two week low of $21.38 and a fifty-two week high of $23.75.

Malaga Financial (OTCMKTS:MLGF) last released its quarterly earnings results on Tuesday, October 15th. The company reported $0.62 EPS for the quarter.

About Malaga Financial

Malaga Financial Corporation operates as the holding company for Malaga Bank that provides various community banking products and services to personal and business customers. It offers checking, savings, NOW, and money market accounts, certificates of deposits, business banking, consumer, and demand deposits.