M&F Bancorp, Inc. (OTCMKTS:MFBP – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $13.38 and traded as low as $13.00. M&F Bancorp shares last traded at $13.80, with a volume of 3,101 shares changing hands.
M&F Bancorp Stock Up 3.3 %
The firm’s 50 day moving average is $13.18 and its two-hundred day moving average is $13.38.
M&F Bancorp Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 12th. Stockholders of record on Thursday, May 23rd were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Wednesday, May 22nd. This represents a $0.20 annualized dividend and a dividend yield of 1.40%.
M&F Bancorp Company Profile
M&F Bancorp, Inc operates as a bank holding company for the Mechanics and Farmers Bank that provides consumer and commercial banking products and services in North Carolina. It offers deposit products, including demand deposits; checking, savings, and money market accounts, as well as certificates of deposit.
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